However, in the 2020 tax year, the IRS introduced Form 1099-NEC, which must now be used to report nonemployee compensation of $600 or more. We’ll explain the differences between Form 1099-MISC and ...
Read more: When Your Tax Professional Makes a Mistake, Here's Who Takes Responsibility As a freelancer or gig worker, you may ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
From phishing emails to bogus tax credits, the IRS highlights the most common scams targeting taxpayers during the current ...
Kell Canty, CEO of Ledgible, tells TheStreet Crypto: “Starting for calendar year 2025, brokers must issue a 1099-DA with ...
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 ...
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 ...
Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...