Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

You should receive this form if you worked for someone as an independent contractor. If you're self-employed and have several clients, you should receive a 1099-MISC from each client who paid you ...

In general, money sent to a lawyer or law firm triggers a Form 1099. Closeup of Form 1099-MISC, Miscellaneous Income. Yet what kind of payment it is matters. If a client is paying a bill ...

Before 2020, all nonemployee compensation was reported in box 7 on Form 1099-MISC. Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and March ...

For his part, Mark Luscombe, a principal analyst with Wolters Kluwer Tax & Accounting, said the most important issue with respect to Form 1099-MISC is that there is a new Form 1099-NEC that is to ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The state is blaming a printing error for tax forms that caused thousands of taxpayers distress. 11 News spoke to multiple ...

Next, if you're filing taxes electronically, you'll need your adjusted gross income from last year to verify your identity.

All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January ...