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

However, your IRA custodian is required to report QCDs as regular distributions on your 1099-R. Your tax preparer can override this misleading report by excluding the QCD from your taxable income ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

Form 1099 is a tax document used to report certain types of income to the IRS. One copy is filed with the IRS and one copy is sent to the taxpayer. You're liable for paying taxes on all of your ...

A $600 threshold is also used for the 1099-NEC and 1099-MISC, forms used to report non-employee payments. For the 1099-K, "the IRS delayed the implementation of the $600 threshold in order to ease ...

Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work ...