A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...
If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...
For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...
A key IRS threshold reset reshapes how online income is reported in 2026, easing compliance for casual sellers while ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Forms 1099 generally saddle you with income you have to report.
Filing taxes for your side hustle is easier with a little organization and the right forms Key Takeaways. Side hustle ...
Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...