"Don't report both, or you'll be double taxed," said ... and the IRS considers the difference between the two to be taxable income. Form 1099-Q documents "payments from qualified education programs." ...

However, your IRA custodian is required to report QCDs as regular distributions on your 1099-R. Your tax preparer can override this misleading report by excluding the QCD from your taxable income ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment income instead of Form 1099-MISC as traditionally had been used.

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during 2024 was more than $5,000.

If so, you should expect to receive one or more 1099-B forms. Brokers report the proceeds you earn from sales of stocks, bonds, derivatives, or other securities on Form 1099-B. Form 1099-C ...

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 ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form ... CNET It might be tempting to not report this money on your tax return, especially ...