Forms 1099 are supposed to be mailed out by January ... Damages for physical injuries are tax-free under Section 104 of the tax code. Yet only physical injuries and physical sickness qualify.

Thus, if you receive a Form 1099, report it, even if you are claiming the money should be tax free. You’ve heard all this before, but is it wrong in the case of lawyers? Lawyers, it turns out ...

Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

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.

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...

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 ...