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

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

The Maryland Comptroller is promising changes at her agency after a printing malfunction led to thousands of taxpayers' ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. Electronic Filing Threshold. Organizations filing 10 or more information returns (e.g ...

Follow these four Form 1099-NEC preparation tips from PayrollOrg to ensure accurate tax reporting for 2024. For additional tips and resources, visit www.payroll.org. PayrollOrg is the leader in ...

1099-G for unemployment income and 1099-R for retirement plan distributions. However, your return should reflect income even when you don’t receive a tax form, Young said. “If you earn ...

Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in January 2025. Another tax filing season is upon us. The IRS announced Monday, Jan. 27, as the official ...

Any person who earned more than $5,000 on selling tickets, instruments and other goods and services online in 2023 will receive a 1099-K tax form this month. Online platforms including Etsy and ...

Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received $5,000 or more in payments on any single platform in 2024 to include with their tax return this tax ...