Form 1099 is a collection of forms used to report ... For receipt of interest payments, and you may or may not need to pay income tax on this interest. You may still need to include the ...

Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of ... financial institutions reporting dividends, interest and capital gains.

Tax season began this week, and there's a good chance you've already received one or more 1099 tax forms. But what are they for, and why do you need to pay attention to them? Let's break it down.

That makes it possible for IRS collection efforts to be streamlined and automated. Failing to report a Form 1099 on your tax return (or at least to explain it) is likely to get you an IRS notice ...

Closeup of Form 1099-K, Payment Card and Third ... It’s that time of year again. IRS Forms 1099 remind you that you earned interest, received a consulting fee, or were paid some other kind ...

There are many different versions of the Form 1099 depending on the type of income you need to report when you file your return. Keep in mind that you’re not the only one who receives these forms – ...

CD interest is subject to income tax in the same year it is credited to your account. Once the money is added, Uncle Sam gets ...

That’s mainly because of changes to a federal tax reporting rule that requires third-party payment networks, including apps and online marketplaces, to send a form 1099-K to millions of online ...

IRS Form 1099-K gets a lot of attention each tax season. That’s in part because the 1099-K form is used to report certain payments from payment cards and third-party network transactions.

Form 1099-K, Payment Card and Third-Party Network Transactions is an IRS form used to report credit/debit card transactions and third-party network payments. The IRS planned to implement changes ...

Your home office, car, insurance, retirement savings, and a lot more could get you a tax break. Here are the tax write-offs ...