The Internal Revenue Service updated its frequently asked questions Wednesday about Form 1099-K, the information return used for reporting transactions involving payment cards and third-party networks ...

Forms 1099 can be wrong, so check them carefully. Each Form 1099 is matched to your Social Security number, so the IRS can easily spew out a tax bill if you fail to report one.

While Form 1099-MISC is used to report payments that aren't subject to self-employment tax, 1099-NEC reports non-employee compensation.

The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...

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 earned at least $10 in income from interest, you'll receive Form 1099-INT during tax season. Here's how to use this form when you file your taxes.

IRS Forms 1099 arrive soon. The IRS likes these reports because they allow easy computer matching of Form 1099 data against tax returns. As all the forms descend this time of year, there are key ...

Settlement agreement wording is important. In IRS audits, the IRS may be satisfied with the settlement agreement, and may not go further, so word it carefully. Forms 1099 should be addressed ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC, Nonemployee Compensation. The IRS ...

If you want to be paid, refusing to hand over a W-9 may not make sense. The IRS says that anytime a payor thinks they may have to report a payment on an IRS Form 1099, they should ask for a Form W-9.