If you earned at least $10 in income from interest, you'll receive Form 1099-INT during tax season. Here's how to use this ...

Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. IRS Forms 1099 for 2024 should arrive in January, reporting how much you were paid during the calendar year. Each Form 1099 is matched ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The most common form is a W-2, which reports wages and other compensation earned through traditional employment. But you may also receive a 1099 if you've collected money from other sources ...

If you need help estimating how dividend income on a Form 1099-DIV could affect your tax bill, check out our free tax calculator. What does my 1099 tax form mean for my tax situation? If you ...

If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...

How do I run the 1099 report in QuickBooks? Won’t it tell me who needs a form from my company? Most bookkeeping professionals don’t use the 1099 report that QuickBooks generates — it’s too ...

Whom do I contact with questions regarding how to report the amounts from Form 1099-MISC on my tax return? Please direct these questions to your tax professional or to the IRS. Please visit ...

The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. Businesses should report payments of nonemployee ...

Unlike the other boxes on a Form 1099, the IRS does not assume that amounts reported in Box 10 are income. In fact, in my experience, Box 10 reporting rarely results in a tax examination for an ...

If you sell stocks, bonds, derivatives or other securities through a broker, you can expect to receive one or more copies of Form 1099-B in January. The 1099-B helps you deal with capital gains ...