We're three months into the new year and another month closer to the deadline to file your 2024 income tax returns. The IRS started accepting tax returns on Jan. 27. Most tax advisors recommend ...

You can also join by living or working in certain parts of Illinois, Indiana, Iowa, or Wisconsin ... You'll have to file a Form 1099-INT, which will ask you to report your interest earnings ...

My wife is still waiting for her 1099 forms from multiple employers — here is how to handle tax issues when an employer doesn’t send tax forms on time When you do contract work for an employer ...

Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start hitting your mailbox (and/or email inbox) in January (and even December ...

If you receive Social Security benefits, one of the key forms you'll need is the Social Security Benefit Statement, also known as SSA-1099 (or SSA-1042S for noncitizens). This document details the ...

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.

While filing this form is straightforward, errors can occur. Correcting these mistakes promptly is crucial to avoid penalties and ensure IRS compliance. Several common errors can occur when preparing ...

You technically don't need a 1099 form to file a tax return. What the IRS cares about is that you report all the income you earned during the year, whether it came from a regular paycheck, a side ...

If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These forms are mailed in January, but if lost or missing, replacements can be ...