Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

Before 2020, all nonemployee compensation was reported in box 7 on Form 1099-MISC. Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and March ...

Form 1099-MISC was previously also used to document nonemployee compensation, but this was discontinued in 2020 when Form 1099-NEC was reintroduced. Because the MISC has turned into an actual ...

2020, in Dublin, Ireland. (Photo by Artur Widak/NurPhoto via Getty Images) This form reports your 2024 income from staking or other rewards. You will receive a 1099-MISC if your income from these ...

Filing your own tax return is less expensive but a CPA can defend you if the IRS has a problem with your return. Your choice can depend on the complexity of your income.

A pedestrian walks past an H&R Block tax preparation office in Seattle, Washington, U.S. March 31, 2020. Your employer, ...

You’ll have to show one of the following: A Social Security card A pay stub with the full Social Security number A W-2 or 1099 form issued ... to go into effect in 2020, but was pushed ...

Form 1099-NEC: You should receive Form 1099-NEC from any individual or company that paid you $600 or more during the tax year. Prior to 2020, Form 1099-MISC was used to report independent ...