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

Form 1099-MISC documents miscellaneous income. If you received a payout of over $600 in a given year from a business, you should have received a 1099-MISC. Types of income include prize money ...

This form was new for 2020 and replaces the old Box 7 of Form 1099-MISC. “NEC” stands for “non-employee compensation”. It is due to recipients and the IRS by January 31st (or the first ...

Most taxpayers depend on the same basic data to file returns. If you have a job, your employer must provide both you and the ...

This includes: 1099-Series of Forms: This includes several 1099-series forms, such as 1099-MISC, 1099-INT, 1099-DIV, 1099-K, 1099-B, 1099-S, 1099-A, 1099-PATR, 1099-SA, 1099-OID, 1099-LTC ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

1099 Forms: Deadline to e-file Forms 1099-MISC, 1099-INT, 1099-DIV, 1099-R, 1099-C, 1099-K, 1099-G, and 1099-PATR with the IRS. 1098 Forms: Deadline to e-file Form 1098-T with the IRS. ACA Forms ...

The 15th day of the fourth month following the end of the last fiscal year—better known as Tax Day—has arrived, meaning it's ...

or from your clients if you're self-employed as a freelancer or contractor (a 1099-NEC or 1099-MISC). You may even get a 1099-K from any payment apps you use like Venmo if you received payments ...

Whether you’re hoping to file your tax return by the imminent tax deadline or planning to file a tax extension so you can complete your return at your leisure, now is the time to gather paper or ...