Here’s what you need to know to minimize your tax liability if you file a 1099-MISC. If you’re unsure about filing taxes, engage the services of a financial advisor.

Understanding different types of 1099 forms The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC.

A little confused on how to handle this tax problem. Wife received an award from a national business organization last year. We received a 1099-MISC form with the amount of the award in the ...

The 1099 is a very common form in the small business world. Many owners issue them, many freelancers use them to file. With tax season beginning, now is a great chance to get up to speed with this ...

You need to file Form 1099-MISC for each person to whom you have paid during the year: At least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest.

Employers can visit ExpressEfile.com to e-file Form 1099-MISC on or before the March 31, 2021 deadline. Also, Form 941 for the first quarter of 2021 is now available for e-filing.

2024 tax filing: How to Direct File, 1099-K reportings, and other things to know By Megan Ziegler Published January 27, 2025 3:00am PST Money ...

Of course, this is certainly the case with the IRS. And one of their requirements --which many businesses need to deal with at this time of the year -- is sending out 1099- MISC forms.

For starters, there are several types of 1099 forms when it comes to taxes. However, there is a specific one known as the 1099-K form that specifically reports payments and transac ...

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 ...