A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this ...
Here's what to know about the different types of 1099 tax forms, how to confirm you've received all your paperwork, and tips for an easier filing season. Any taxpayer can create a free ID.me ...
Thus, if you receive a Form 1099, report it, even if you are claiming the money should be tax free. You’ve heard all this before, but is it wrong in the case of lawyers? Lawyers, it turns out ...
Even so, if you have adequate suppor, you can explain the erroneous Form 1099 on your tax return. Some damages are tax-free under Section 104 of the tax code, but only physical injuries and ...
More taxpayers will be bewildered when a 1099-K hits the mailbox this tax season. And the temptation might be to pitch it, which would be exactly the wrong thing to do. This year, taxpayers will ...