If you file paper copies of Form 1099, you will also have to file Form 1096. Among the benefits of filing Form 1099 electronically is the absence of this requirement. — Getty Images/Tatsiana Volkava ...

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

1099-B Form 1099-B documents income from the sale of securities at a brokerage or barter exchange. If you sold stock last ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...

Taxes are complicated. Whether preparing your tax return or filing your tax return, chances are you’re not completely confident in the numbers you’re seeing. But like most Americans, you’ll also be ...

If you are a creator and sell through eBay or other online marketplaces, you may need to file a 1099-K when submitting income tax returns.

If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...