Tax season began this week, and there's a good chance you've already received one or more 1099 tax forms. But what are they for, and why do you need to pay attention to them? Let's break it down.

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

Give your contractors a list of software and hardware needed to view, print, and save their 1099. Provide details on what and how long the consent form lasts. IRS-approved online tools can make it ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Forms 1099 are supposed to be mailed out by January 31st. Although most Forms 1099 arrive in January or early February, some ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return ... [+] used to report certain ...

If you receive a 1099-INT, the tax form that reports most payments of interest income, learn if you have to pay taxes on the interest it reports. • Form 1040-SR is a large-print version of Form ...

That’s mainly because of changes to a federal tax reporting rule that requires third-party payment networks, including apps and online marketplaces, to send a form 1099-K to millions of online ...

If you haven’t received your tax paperwork from your employer by now, you should have. Keep in mind that every year there are changes to tax paperwork. Beyond standard tax paperwork like W-2s or ...

If you sell stocks, bonds, derivatives or other securities through a broker, you can expect to receive one or more copies of Form 1099-B in January. The 1099-B helps you deal with capital gains ...

electronic filing and print and mailing of 1099 and 1042-S forms. “Tax information reporting requirements are evolving rapidly, creating new compliance challenges for small and medium-sizes businesses ...

Each January, your mailbox and email 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, you may ...