Form 1099-OID (2024). All versions of Form 1099-OID are available on the IRS website. Qualified stated interest on this obligation for the year is separate from the OID.

Form 1099-NECs, like most other 1099s, are considered informational returns. That means all you need to do when you receive one is reference it when you’re filling out your tax return.

A 1099 form is a tax document filed by an organization or individual that paid you during the tax year. "Employees get W-2s. This is the equivalent of a W-2 for a person that's not an employee ...

Form 1099-NEC replaces 1099-MISC as the form used to report independent contractor income. If you paid an independent contract $600 or more, you’ll need to file one.

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.

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 ...

But for many other Forms 1099, if you know about your payment, you don't really need the form. One possible exception: the IRS suggests that if you don’t receive a Form 1099-R, you should ask.

In the past, taxpayers would only get a 1099-K form if they made over $20,00 and had more than 200 transactions made online or through third-party platform. The threshold this year dropped to just ...

If you were paid $10,000 but the Form 1099 says $100,000, contact the issuer. If you can’t get them to fix it, you’ll need to disclose and explain the $100,000 on your tax return. IRS Forms ...

If you receive a 1099-G tax form from IDES but didn't file for Illinois unemployment benefits in 2020, you may be a victim of fraud, the state is warning.

Form 1099-DIV is a record that financial institutions send to investors and the IRS to report dividends and distributions. Here's how it works and how to use it.