The State of Alaska provides a 1099-MISC form which can be used for reporting the income on your federal tax return. This form is available to print or view in your myPFD account. If you’re ...
Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.
NEC stands for nonemployee compensation. Prior to 2020, this income was generally reported on Form 1099-MISC. — 1099-OID reports money you received from certain types of bonds. OID stands for original ...
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 ...
A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
As a freelancer or gig worker, 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 ...
Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...
Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...
I've been tracking identity theft cases since mid-February involving 1099-K forms in the mail. Those cases have prompted me ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...