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 ...

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 ...

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.

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.