A 1099 form is a record that an entity or person ... People who are considered 1099 workers are generally asked to fill out a W-9 at the start of a new work relationship or contract.

You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.

Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...

The information collected on Form W-9 is then used by the business to fill out either Form 1098 or Form 1099 at tax time. Image (c) Jamie Grill Photography/Getty Images IRS Form W-9 is used to ...