If you have more than $600 of debt forgiven, your lender should send you a 1099-C Cancellation of Debt form. This form is a ...

Do you use PayPal? Get a 1099-K if payments exceed the threshold. Report all sales, pay tax only on profits. No 1099-K? You ...

Sell on Ticketmaster? Get a 1099-K if payments exceed the threshold. Report all sales, pay tax only on profits. No 1099-K?

If you run a small business and hire independent contractors, understanding the difference between W9 and 1099 forms is ...

Learn more about it. A 1099 tax form documents payments made by sources other than employers. It’s also an information return small businesses and self-employed individuals are required to file ...

A personal loan doesn’t generally qualify as taxable income because it’s a form of debt that must be repaid. Even though you ...

Are credit card rewards taxable? Yes and no – it all depends on the form of the program and how card rewards benefits are ...

Come next year, a new 1099-K tax form will land in your inbox, and that’s just the beginning of your headache. A 1099-K was once an obscure IRS form intended to track business payments done with ...

Crypto tax policy continues to move forward, domestically and internationally. Domestically, the IRS seeks comments on the new Form ...

But they, in fact, serve different purposes. In this guide, we will walk you through the differences between the W9 and 1099 tax forms, how to use each and where to find them online.