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

Closeup of Form 1099-NEC and 1099-MISC. 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. If you received ...

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and up ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...

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

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Tax season can be busy. Here’s what taxpayers should know about filing for extension, making payments and planning for the ...

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New IRS changes for popular payment apps like Venmo and PayPal could affect you this tax season. If you use these apps, you may owe taxes this year. Here’s what’s next and which kinds of payments are ...

Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON — The Internal Revenue Service says a special one-time payment of $1,776 sent to about 1.5 million Americans last ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...