Tax Filing 2025: Reporting Joint Bank Account Interest
A complete guide to reporting joint bank account interest for 2025. Get a step-by-step breakdown of how to handle Forms 1099-INT, Schedule B, and split the income with co-owners.
A complete guide to reporting joint bank account interest for 2025. Get a step-by-step breakdown of how to handle Forms 1099-INT, Schedule B, and split the income with co-owners.
The process of filing an income tax return and claiming a TDS refund for a deceased parent can be daunting. This article simplifies the process, providing a clear checklist and expert tips for legal heirs.
Filing your Income Tax Return (ITR) correctly is more than a yearly obligation — it’s a step toward financial responsibility, helping you avoid penalties, tax notices, and delays in refunds. As the assessment year 2025–26 begins, it’s time to gather your key financial documents: salary slips, Form 16, bank interest certificates, and investment proofs.