Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

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.

The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment income instead of Form 1099-MISC as traditionally had been used. IRS Forms 1099 are critical to the agency ...

Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and March 31 for certain income and compensation reporting on Form 1099-MISC. This dual ...

Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...

Granted, the IRS has noted, that all income, no matter the amount, 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 ...

The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this ...

And the agency is cracking down on those who fail to report the added income. Anyone who earned ... services online should expect to get a 1099-K tax form this month. Online platforms such as ...

Maybe you received Form 1099-DIV? That’s for dividend income. How about 1099-G, for unemployment benefits? Did you receive income via payment apps last year? If so, watch out for Form 1099-K.