You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly ...

This definition ensures that only those truly “in a position to know” transaction details are subject to Form 1099-DA reporting requirements. These US Internal Revenue Service rules are built ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

Crypto investors should also be aware that Form 1099-DA gets reported to the IRS using a standardized format, which includes ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

As the 2025 tax season heats up and refund anxiety grows, the Internal Revenue Service is, so far, holding the line.

The rules for calculating the rate are updated ... Just be prepared for extra IRS scrutiny since 1099 workers rarely have a business-only vehicle. Do you have client meetings out of state or ...

staking rewards or gross payments were not being reported on any 1099.” However, in recent years, the IRS has attempted to clarify and standardize rules that crypto taxpayers must follow.

Form 1099-K reporting, Social Security, unemployment benefits, filing for an extension, borrowing and making distributions ...

If you need an extension for Forms W-2G, 1098, and 1099, file the 8809 form before the deadline. Missing the deadline can result in IRS penalties ... step-by-step instructions and prompts ...