Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, $300,000? What should you do?
Nick has previously written for Fast Company ... Examples include someone who lives mostly off of Social Security income (SSA-1099), investment withdrawals (1099-B, 1099-DIV) or retirement ...
You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
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