The recipient uses the information on a 1099-NEC to complete the appropriate sections of their tax return. Who Can File Form 1099-NEC? Businesses should complete a Form 1099-NEC for any ...

For claimants who received unemployment insurance benefits in 2024, the Illinois Department of Employment says 1099-G tax ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.

For this first year, the minimum is $5,000 — so if you earned at least that much via a payment app in 2024, you (and the IRS) should receive a Form 1099-K. Form 1099-K How does the "$600 rule" work?

With just two days left until the critical January 31, 2025, deadline, businesses must act quickly to file Forms 1099 and W-2 with the IRS, SSA, and state agencies. Equally important, this date marks ...

SPRINGFIELD 1099-G tax forms are now available for claimants who received unemployment insurance (UI) benefits in 2024, the ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers ...