Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...
You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.
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 ...
If you're wondering, "How do I do a 1099 for an employee?" just chill. 1099 forms don't go to employees, the IRS explains. They only go to nonemployees your company pays money to. You report employee ...
When you do contract work for an employer, they're supposed to send you a 1099 form summarizing your wages. That's information you may need to file your taxes. The deadline for employers to send out ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DENVER (KDVR) — Many who received ...
Brokerage firms’ practice of issuing late and amended Forms 1099 is an increasing problem and a frustration for taxpayers and practitioners that often requires the filing of an amended return. This ...
If you've already filed your tax return, and get a form 1099-C in the mail afterwards, it might mean that you didn't report the correct amount of taxable income. Here's what you need to know about the ...
Tax season is open. That means most tax forms are either in the hands of taxpayers or in the mail. Here's what you need to know about tax form due dates and what to do if yours is late. The form that ...