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

People can get a 1099 form for different reasons. For example, freelancers, independent contractors, and other gig workers often get a 1099-NEC from their clients outlining their income earned.

Form 1099 is a tax document used to report certain ... Snap a photo of your W-2 or 1099-NEC and TurboTax will put your info in the right places. CompleteCheck™ scans your return so you can ...

Kell Canty, CEO of Ledgible, tells TheStreet Crypto: “Starting for calendar year 2025, brokers must issue a 1099-DA with ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest ...

What Is Form 1099-OID: Original Issue Discount? Form 1099-OID: Original Issue Discount is an Internal Revenue Service (IRS) form that taxpayers receive if their taxable income for the year ...

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

Independent contractors will receive a 1099-NEC for their work. Most of my public-speaking engagements are reported on this form. If you are doing limited consulting engagements and earn more than ...

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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.