The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

You’ll likely get 1099-NEC forms detailing ... less last year can use the IRS Free File software from now through Oct. 15. The software provides electronic forms for people to fill out and ...

Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, ...

If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

Filers who fill out the form can also enter a distribution code in the blank spaces below boxes 5 and 6 if they choose. There are three copies of the 1099-Q. The distributor files Copy A with the ...

We asked our listeners to send us their most befuddling questions about the 2025 tax season. What if you can't pay your tax ...