Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and independent contractors receive a 1099.

What are 1099 forms? A 1099 is a tax form that reports income or transactions you receive outside of regular employment. For example, a W-2 form reports an employee’s income from the previous year and ...

Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...

Learn about the basics of Form 1099-K, changes to the reporting threshold, and what this means for your business.

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest ...

Its automated computer system compares the income you report on your return with the copy of the 1099 form it received.

So if you’re missing 1099 forms but have detailed records of your income, you may be able to tackle a tax return without those forms. The problem, though, is that when companies issue 1099s, they send ...

Each January, the Social Security Administration (SSA) mails these forms to beneficiaries. However, if you misplaced your SSA-1099, didn't receive it, or need an older copy, there are simple ways ...

The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments made to freelancers, independent contractors, or other non-employees.

Form 1099-MISC While Form 1099-MISC is commonly used for reporting various payments, only amounts reported in Box 8 and Box 10 are subject to the February 18 deadline for recipient copy distribution.