For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...

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 ...

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 ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

A 1099 form reports income you earned as a non-employee, meaning taxes weren’t withheld from your pay throughout the year. You’ll typically receive one if you were paid as a freelancer, independent ...

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 ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...

This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.