It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

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, ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different 1099 forms used to report income to the IRS.

Taxpayers who receive Form 1099-INT may be required to report certain income on their federal tax returns. Taxable interest is taxed at the same rate as ordinary income at the same rate as an ...

if applicable The income may be reported on Form 4797 or Schedule D for federal tax purposes. You’ll receive a 1099-B for every transaction (regardless of how many were sold) showing any gains ...

Younger students also often fall below the reporting threshold for a federal income tax return. How to File Form 1099-Q Form 1099-Q must include the payer/trustee’s name, address, telephone ...

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

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

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

It guides taxpayers through a series of questions to prepare their federal tax return ... A copy of this form will be sent to the IRS as well. The 1099-K reporting threshold will eventually ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...