If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll receive a 1099 because you earned some form of income from a non-employer ...
You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt. You must include the amount of canceled debt on your federal tax return as a part of your ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...
Missed Tax Day? File as soon as possible to limit penalties. Try our fast, hassle-free tax filing. It's just $50. Missed Tax Day? Try our fast, hassle-free tax filing. It's just $50. A 1099 form is a ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
There are two main types of workers when it comes to income taxes — 1099 contractors and W-2 employees. While W-2 employees ...
Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...
If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...
If some of the stocks you own pay dividends or a mutual fund you invest in paid a capital gains distribution, you’ll receive a 1099-DIV form. A common reason for receiving a 1099-DIV form is because ...
If you've already filed your tax return, and get a form 1099-C in the mail afterwards, it might mean that you didn't report the correct amount of taxable income. Here's what you need to know about the ...