IRS submission deadlines: Along with providing you with a copy, creditors must also submit Form 1099-C to the IRS by the end ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

The holder retains Copy C. You should receive Form 1099-OID in the mail. You do not need to submit it when you file your tax return, but you should hold onto it for your records. The 1099-OID is ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

Employees receive a W-2, whereas a 1099 form documents income you earned outside of W-2 earnings. For some taxpayers, the majority (or even all) of their earnings in a given year will be 1099 income.

Form 1099 is a tax document used to report certain types of income to the IRS. One copy is filed with the IRS and one copy is sent to the taxpayer. You're liable for paying taxes on all of your ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

Ask for a corrected Form 1099-K that shows a zero amount. Keep a copy of the original form and all correspondence with the issuer for your records, the agency said. Don’t delay filing your tax ...