It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

Before 2020, all nonemployee compensation was reported in box 7 on Form 1099-MISC. Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and March ...

Form 1099-MISC was previously also used to document nonemployee compensation, but this was discontinued in 2020 when Form 1099-NEC was reintroduced. Because the MISC has turned into an actual ...

2020, in Dublin, Ireland. (Photo by Artur Widak/NurPhoto via Getty Images) This form reports your 2024 income from staking or other rewards. You will receive a 1099-MISC if your income from these ...

Filing your own tax return is less expensive but a CPA can defend you if the IRS has a problem with your return. Your choice can depend on the complexity of your income.

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

A pedestrian walks past an H&R Block tax preparation office in Seattle, Washington, U.S. March 31, 2020. Your employer, ...

Form 1099-NEC: You should receive Form 1099-NEC from any individual or company that paid you $600 or more during the tax year. Prior to 2020, Form 1099-MISC was used to report independent ...

Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers and college students.

Inherited IRAs pose a number of new challenges, due to the SECURE Act of 2019 and updated IRS guidelines regarding RMDs.