How to File Form 1099-R . The form is provided by the plan issuer, who must give a copy to the IRS, the recipient of the distribution, and the recipient's state, city, or local tax department.

Before the 2020 tax year, Form 1099-MISC was also used to report nonemployee compensation for independent contractors, freelancers, sole proprietors, and self-employed individuals.

A 1099 form is a tax record that an entity or person — not your employer — gave or paid you money. There are various types of 1099s, depending on the type of income in question.

Money reported on a 1099 form is generally taxable, but not always. For example, you’ll receive a 1099 reporting withdrawals from 529s and HSAs, but the money may not be taxable if you use it ...

If you were self-employed in 2020, you may have received Form 1099-NEC, Nonemployee Compensation, instead of Form 1099-MISC you may have received in years past. Why the change?