Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

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

It’s the third year in a row the state has made mistakes with the forms – in 2023 and 2024 the state mailed thousands of 1099 ...

The Oregon Employment Department said Thursday it identified errors with some 1099-G tax forms it issued in January regarding ...

Oregon's Employment Department has issued corrected 1099-G tax forms for 2024 after an error in the new Francis Online system ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

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

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 ...

1099-K forms are for business transactions on payment apps If you use multiple apps, you could receive multiple forms Threshold for most states is $5,000 — though some are lower A rule established in ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.