TurboTax Premium is a powerful tool for those who want to make the most of their tax returns. With features designed for ...

There are instructions on the back of the forms with information regarding ... you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business. You typically report ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Each year, employees receive a Form W-2 that provides details of the prior year’s earnings, taxes withheld, and other miscellaneous data (such as the taxable cost of group term life insurance, the ...

In some cases, receiving a 1099-K may take some of the manual work out of filing your self-employment taxes. Once this rule ...

This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 ...

Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary ...

Refer to your W-2s and 1099s and follow the instructions on the ... are also essential. Form 1099-INT is for interest income, and Form 1099-NEC shows income for independent contractors, for ...

Fortunately, there are plenty of tax-advantaged options available for 1099 workers. As an independent contractor, a team of advisors can make a big difference to your bottom line in retirement.