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.

The IRS's new 1099-K reporting rule is more than a tax change; it's a fundamental shift for the gig economy. Explore the impact on freelancers, platforms, and the future of work.

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

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.

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...

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.

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 ...

Plus: TikTok tax advice, gambling losses, fixing Forms 1099, claiming the standard deduction, Taxes From A to Z, tax filing ...

Illinois IDES releases 1099-G tax forms for 2025 unemployment insurance claimants, providing electronic and mail access plus support services statewide.

Most defendants issue IRS Forms 1099 for legal settlements. The form may be issued to the lawyer, the client, or both. Frequently, both the client and the lawyer receive a Form 1099 for 100%, making ...

Many taxpayers miss key filing and payment dates each year. These 13 tax deadlines can trigger penalties, interest, or lost refunds if you overlook them.