Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and other nonemployee payments.

Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, ...

IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

If you’re an employee, you’ll receive a W-2. And if you’re an independent contractor, you’d receive a 1099 form. Likely, you might be one of the many tax filers who have some questions ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

The 1099-K form reports payments for goods ... these must be reported on your tax return. Freelancers, gig workers and self-employed people generally report income on Schedule C of their income ...