A 1099-K form is a relatively new IRS income tax form that freelancers and business owners who earned more than $5,000 through third-party payment platforms in 2024 may receive.

Tax season is here, and with Tax Day set for April 18, 2023, you might be starting to gather paperwork. By law, 1099 forms for independent contractors need to be mailed or distributed ...

As with W-2 wage statements, 1099 forms are to be mailed to recipients by Jan. 31. If you don't receive an expected Form 1099 by a few days into February, contact the issuer. If they tell you it's ...

If someone receives a UIA 1099-G form but did not receive unemployment benefits, that person is likely a victim of identity theft and should report it immediately. The envelope containing the 1099 ...

Businesses will also send a copy of your 1099 forms to the federal tax agency. Your tax return will be compared to what's on file to see if there are any discrepancies, and if the numbers vary ...

- Keeper now supports many additional 1099 forms beyond just the 1099-NEC; and they now integrate with both Track1099 and Tax1099. Their QBO integration and 1099 features -- including the ability ...

South Carolina employers and payroll service providers should submit their 2024 W-2 and 1099 forms to the SCDOR by Jan. 31, 2025. If you file 10 or more W-2 or 1099 forms, remember – you’re ...

Then in 2020, the IRS introduced Form 1099-NEC (non-employee compensation). You’ll issue Form 1099-NEC if you paid any non-employee $600 or more to perform services for your business.