Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. But more generally, incorrect Forms 1099 are not uncommon. At a ...
For some taxpayers, the majority (or even all) of their earnings in a given year will be 1099 income. Examples include ...
Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...
If you're new to filing taxes, you may have been told to look out for 1099 forms. Not sure what a 1099 is? A 1099 is a form that's used to list the various types of income you receive throughout the ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
Here's what you should know about the form 1099-C, Cancellation of Debt: A form 1099-C, Cancellation of Debt, is issued by a creditor when a debt is discharged for less than the full amount you owe ...
This series is brought to you by TurboTax Home & Business Edition – Guides You to Your Biggest Tax Refund. As always, VentureBeat is adamant about maintaining editorial objectivity. TurboTax had no ...
How Will Form 1099-DA Change Crypto Reporting? Bridging Cryptoasset Reporting Gap with ByAllAccounts Looking Ahead The IRS’ introduction of the new digital asset Form 1099-DA, slated for ...
Michigan Tech is required to file Form 1099-MISC and Form 1099-NEC for each calendar year, for the following items: Examples of services include all services performed (including parts and service), ...