As a last resort, you can call the IRS, and they can advise you on whether you can use Form 1099-R as a substitute to document the missing income. Having multiple sources of income can feel like a ...
Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...
Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...
Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is ... prepare and sign everything for you. H&R Block is another popular choice with similar ...
The IRS will also change Form 1040 to make the 1099-K reporting process more straightforward ... As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax ...
This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.
Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...