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

Form 1099-MISC and Form 1099-NEC. 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 ...

A rule established in 2023 requires third-party payment apps to send you a 1099-K tax form if you meet a certain monetary threshold of business payments. After multiple delays in implementing the ...

you may also be used to receiving either a form 1099-MISC or 1099-NEC for the work that you do. Companies are required to issue these forms for any work over $600 that you perform in a year.