Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and independent contractors receive a 1099.

Corporations and LLCs taxed as corporations don't require a 1099; general and limited partnerships do. However, you only have to make out a 1099 if your payments to the company reach $600 or more ...

Taxes can get confusing — just looking at the names of some of the forms you have to fill out can be enough to get your head spinning. Like the 1099-C, for example.

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

You do not need to report your earnings twice. If you often don't receive tax forms from your clients, you can use the 1099-K in its place to make sure you're reporting your full income.

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you. Some ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

1099-K tax rules: What to know if you get paid via Venmo or PayPal A change to the reporting requirements for IRS Form 1099-K will impact millions of taxpayers ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ...