Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

Before 2020, all nonemployee compensation was reported in box 7 on Form 1099-MISC. Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and March ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...

Forms 1099-INT if you received interest from a bank. Forms 1099-K or 1099-MISC for income from the gig economy. You’re also ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 ...

All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January ...

On 12/19/24, anticipating the 2025 filing season, the IRS published Tax Preparation 2025 Useful Pointers in IR-2024-311: ...

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 ...