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 ...

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-B, meanwhile, depicts any capital gains ... By contrast, nonqualified dividends—from REITs and some foreign stocks, for example—are subject to your ordinary income tax rate.

A variety of 1099 Forms are used to report income to the IRS A Form 1099 is issued to report non-employment income to the Internal Revenue Service (IRS). This type of income can include interest ...

What type of payments are reported on a Form 1099-MISC? Examples of payments reported on a 1099-MISC include: The Form W-2 is used by employers to report wages, tips and other compensation paid to an ...

money received from friends and family as a gift or repayment for a personal expense should not be reported on a Form 1099-K. The payments aren't taxable. Here are some examples of non-business ...

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 ...

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 ...