You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have ...

Internal Revenue Service. "Form 1099-OID, Original Issue Discount." Page 5. Internal Revenue Service. "Instructions for Forms 1099-INT and 1099-OID, Interest Income and Original Issue Discount." ...

For tax year 2024, the threshold to receive Form 1099-K for payments through payment platforms is $5,000. The IRS considers money paid through the platforms for goods and services as income ...