It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...

Examples of canceled debt include property foreclosure or a charge-off on a credit card. Form 1099-C does not apply to most debts discharged from bankruptcy. Form 1099-CAP documents "changes in ...

Money reported on a 1099 form is generally taxable, but not always – for example, you’ll receive a 1099 reporting withdrawals from 529s and HSAs but the money may not be taxable if you used it ...

Form 1099-INT also calls for the recipient's information. The payer will usually have obtained this information in advance. For example, the institution asks for your contact information when you ...

A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this ...

Common examples for when people could be surprised ... is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What taxpayers need to know, though, is that receiving the ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Form 1099-K How does the "$600 rule" work ... D.C., have already moved the threshold to $600, for example. Be sure to check with your state revenue department to see if you should expect a ...

If you live outside of the U.S. and didn’t receive Form SSA-1099 or SSA-1042 and can’t get one online, you’ll need to talk to someone. If you live outside the U.S. and can’t access your form online, ...

That makes it possible for IRS collection efforts to be streamlined and automated. Failing to report a Form 1099 on your tax return (or at least to explain it) is likely to get you an IRS notice ...