What Is a 1099 Form? A 1099 is a tax document that reports income you receive from sources other than an employer.

Learn how a 1099 mortgage helps self-employed borrowers qualify, including income documentation, advantages, and where to find lenders.

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.

A 1099 form is a tax record that an entity or person — not your employer — gave or paid you money. There are various types of 1099s, depending on the type of income in question.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.

An IRS 1099-K threshold change will impact millions of tax bills beginning with this filing season. But could a bigger change lie ahead?

Not sure what an IRS 1099 tax form is? Don't worry, we'll run you through them all.

The 1099-K form is a requirement for companies like ‘Venmo’ and ‘Etsy.’ It’s a law change that those with online businesses or side hustles will need to be ready for.

The IRS has once again delayed the implementation of the $600 reporting threshold for Form 1099-K, but with a new twist.

You can also look up more information about each form at IRS.gov. For example, if you’re self-employed, you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business.

Some 1099 Money Isn’t Taxable There are some situations in which money reported on a 1099 form is not taxable, so you’ll need to be careful when you put the numbers in your return.