You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
When your tax forms are late. You technically don't need a 1099 form to file a tax return. What the IRS cares about is that ...
NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
The IRS estimated that the government lost almost half a trillion ... This change led to the creation of tax form 1099-K, which rolled out in 2012 and required banks, credit card processors ...
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...
Those payments shouldn’t generate a tax form and trigger an income tax bill if you mark them as such, but mistakes happen. If you receive a 1099-K that you shouldn’t have, you should contact ...