What Is Form 1099-INT? Form 1099-INT is an official tax document used to report interest income earned throughout the year. It is issued by banks, credit unions, brokerage firms, and other ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ...

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 ...

How to File Form 1099-NEC When filing Form 1099-NEC, there will be a Copy A and a Copy B. Copy A is only for informational purposes and should not be printed and filed, according to the IRS. Only ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but we'll try to clear up any confusion.

Form 1099-B is an information return used to report broker or barter exchange transactions, including proceeds from securities transactions, stock sales, and other financial exchanges. Form 1099-S ...

Each January, your mailbox and e-mail is likely filled with tax forms. If you work for an employer, you'll receive a W-2 reporting your wages. But if you do any self-employed or freelance work… ...

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 ...

Some 1099 Money Isn’t Taxable There are some situations in which money reported on a 1099 form is not taxable, so you’ll need to be careful when you put the numbers in your return.