Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

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

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.

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...

How you’re classified as an employee will affect how you file your taxes. So, does that mean you’re a W-2 or a 1099 employee? If you’re an employee, you’ll receive a W-2. And if you’re an independent ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at least ...

When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT stands out if you’ve had any dealings with interest income over the past year.

The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. Today the IRS announced a delay in reporting ...

Form 1099-DA is used by brokers to report proceeds from digital asset dispositions to a user and the IRS.

Retirement is a journey, and managing its financial aspects shouldn't be a maze. Enter Form 1099-R, a key document that often puzzles many at tax time. This guide is not just about decoding a tax form ...