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 ...
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.
Confused about W-2s and 1099s? Here’s a simple breakdown of how they differ, who gets each form and which one may pay more in ...
Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Forms 1099 generally saddle you with income you have to report.
This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.
A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...
The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.
Add Yahoo as a preferred source to see more of our stories on Google. Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and ...