Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

Tax season is approaching, and Social Security has made replacing your annual benefit statement even easier. The benefit statement is also known as the SSA-1099 or the SSA-1042S. Now you can get a ...

A variety of 1099 Forms are used to report income to the IRS Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these payments are obligated to notify ...

Based on the discussion in Q 8104 and Q 8105, a taxpayer who receives a Form 1099-C has the following two concerns: (1) has the debt been formally discharged by the creditor, and, if so, was it ...

A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...

What Is Form 1099-MISC: Miscellaneous Information? Form 1099-MISC, an essential tool provided by the IRS, is used to report various types of miscellaneous compensation, including rent, prizes, ...

Dividends Received in Taxable Accounts Will Be Recorded on the Form 1099-DIV. The Brokerage Will Summarize All Stock 1099-DIV Reports Onto One Consolidated 1099-DIV. The Numbers Reported Can Seem ...

There is a special rule for cash-basis taxpayers regarding payments that are counted as expense in the tax year paid, but the recipient has income in the following year of actual receipt. For example, ...

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...