Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

Add Yahoo as a preferred source to see more of our stories on Google. If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll ...

If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

The IRS’ introduction of the new digital asset Form 1099-DA, slated for implementation in 2025, is a critical update that both advisors and their clients must be aware of. This change is particularly ...

Beginning with crypto transactions in 2025 (filed in 2026), crypto brokers will issue a new tax document known as Form 1099-DA. The form is designed to report digital asset sales and transactions ...

Interest income may feel like free money, but it's rarely tax-free. Here's a guide to the form 1099-INT for interest income. If you receive a form 1099-INT in the mail, count yourself lucky. Sure, ...

Raise your hand if you're anything like me and tax time kind of overwhelms you. Everyone? OK, great. Since we're all in this together, let's talk about one of the questions that defines tax time for ...

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.

Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. IRS Forms 1099 ...

If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll receive a 1099 because you earned some form of income from a non-employer ...