Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

If you receive a Form 1099 you think is wrong, you can ask the payer to correct it. They can destroy the incorrect one if they have not already sent it to the IRS. If it's too late, they can issue a ...

Tax season is approaching, and Social Security has made replacing your annual benefit statement even easier. The benefit statement is also known as the SSA-1099 or the SSA-1042S. Now you can get a ...

There is a special rule for cash-basis taxpayers regarding payments that are counted as expense in the tax year paid, but the recipient has income in the following year of actual receipt. For example, ...

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 ...

A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...

If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...

Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In particular, if you had a bank, credit union, brokerage account, or other ...