Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...
Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...
If you are a creator and sell through eBay or other online marketplaces, you may need to file a 1099-K when submitting income tax returns.
Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...
The right tax tools can help freelancers and gig workers organize their income and uncover real savings opportunities.
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.
A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...
Here’s what you need to know if you want to file your taxes with H&R Block’s tax prep software this year.
Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...