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What Is a 1099 Form? A 1099 is a tax document that reports income you receive from sources other than an employer.
Form 1099-R is an IRS tax form used to report distributions from annuities, profit-sharing plans, retirement plans, or insurance contracts.
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 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.