The brokerage that handled the transaction would file a 1099-B form with the IRS to report the sale and money you collected. It would also send you a copy of the form with all the information it ...
The IRS allows you to submit tax forms electronically or through the mail. If you file Form 1099-NEC on paper, you must ...
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
If you earn freelance or self-employment income, you should already be paying taxes on your total earnings, even if you don't receive a 1099 form. The IRS is switching the reporting requirement ...
You'll need it to report short- and long-term capital gains to the IRS When you sell or exchange capital assets like stocks, bonds, real estate, or artwork, you must report these transactions on ...
A Form 1099-DIV will have your Social Security number or taxpayer identification number on it, which means the IRS will know you’ve received dividends — and it will know if you don’t report ...
Taxbit has recently noted that the International Revenue Service (IRS) has released an updated draft, but "likely final," ...