Similarly, if you receive an amended 1099 form, the IRS is going to receive a copy as well. It's important to update your tax return to reflect the information your amended 1099 form contains.

If you're hiring a tax professional to prepare your return, I recommend providing them with a total of all your income for the year separate from your 1099 forms to avoid double-reporting income.

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other tax-related documents to ensure they have them before filing.

What Are the Differences Between W-2 and 1099 Forms? There are two key differences between W-2 forms and 1099s forms: W-2 forms are used for traditional employment, while 1099s are sent to ...

There are 10 things you should know about 1099s and how they can impact how much tax you might owe. Not all 1099s are the same but they all represent some type of income.

Understanding Your 1099s: A Guide for Retirement and Investment Accounts Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.

Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

The Oregon Employment Department (OED) has identified errors in some 1099-G tax forms issued in January for Unemployment Insurance benefits paid in 2024.

South Carolina employers and payroll service providers need to submit their 2024 W-2 and 1099 forms to the SCDOR by Jan. 31, 2025.

1099-K tax rules: What to know if you get paid via Venmo or PayPal A change to the reporting requirements for IRS Form 1099-K will impact millions of taxpayers ...

If you're hiring a tax professional to prepare your return, I recommend providing them with a total of all your income for the year separate from your 1099 forms to avoid double-reporting income.