January 31 is the deadline for sending Forms 1099. But if yours doesn't arrive, here's why you shouldn't ask.

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

These forms are sent by payors to you and the IRS. The most common is Form 1099-MISC, which can cover just about any kind of income.

How to issue 1099s The IRS allows you to submit tax forms electronically or through the mail. If you file Form 1099-NEC on paper, you must submit it with Form 1096, Annual Summary and Transmittal ...

As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital platforms in 2024 must prepare to receive a 1099-K form.

You’ll receive a 1099-C form if a lender cancels $600 or more of your taxable debt.

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form ...

Internal Revenue Service Form 1099-DIV supplies you with all the information on your dividend income that you will use when you file … Continue reading → The post Form 1099-DIV: What You Need ...

Understanding different types of 1099 forms The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC.