Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to ...

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

The Internal Revenue Service updated its frequently asked questions Wednesday about Form 1099-K, the information return used for reporting transactions involving payment cards and third-party networks ...

Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. It’s that time of ...

Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. IRS Forms 1099 ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 3 years old. Closeup of Form 1099-NEC, ...