You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

Unbelievably, year-end is right around the corner. The first line of business in January 2023 will be to file and issue any necessary Form 1099s. Although I am fairly new to the profession and my role ...

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 income ...

When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT stands out if you’ve had any dealings with interest income over the past year.

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

Tax season 2026 has brought millions of crypto investors face-to-face with a new IRS form. And a serious problem is baked ...

Form 1099-DA is used by brokers to report proceeds from digital asset dispositions to a user and the IRS.

IRS Form 1099-K is used to report income received from electronic payment transactions, such as those made through eBay. Form 1099-K is an IRS form used to report income received from electronic ...