Each Form 1099 is matched to your Social Security number, so the IRS can easily spew out a tax bill if you fail to report one. It matters a lot, especially now that the IRS has six years to audit ...

File Copy A of Form 1099-misc with the IRS by February 28, 2025, if you file on paper, or March 31, 2025, if you file electronically. 3. Form 1096 must accompany all paper submissions.