Here’s everything you need to know about 1099s at tax time. A 1099 is a tax document that reports income you receive from sources other than an employer. You’ll get a 1099 if an organization ...

While most IRA distributions are taxable, QCDs avoid taxation if they are sent directly to a qualifying charity by the IRA trustee. In 2025, each eligible individual can donate up to $105,000 tax-free ...

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.

Wood is a tax lawyer focusing on taxes and litigation ... One possible exception: the IRS suggests that if you don’t receive a Form 1099-R, you should ask. In general, though, if you call ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

IRS Form 1099-K gets a lot of attention each ... Enter your email in the box and click Sign Me Up. As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax ...

These investment tax documents show key elements of your income ... But some investors may receive other kinds of statements that they’ll need to file, including: 1099-R This document reports income ...

You'll receive tax form 1099-K if you earned more than $5,000 in untaxed income in 2024 and were paid via a third-party payment app. This rule has been delayed two years in a row, and 2024 serves ...

IRS 1099-K reporting requirements have caused ... of our trusted partners or sponsors As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information ...