Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...

Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...

Form 1099 is a tax document used to report certain types of income to the IRS. One copy is filed with the IRS and one copy is sent to the taxpayer. You're liable for paying taxes on all of your ...

Here are the general IRS deadlines: January 31:Send 1099-NEC to contractors and W-2s to employees. March 15: S corporations must file Form 1120-S or request an extension (Form 7004). For fiscal ...

However, companies have until mid-February to send tax forms disclosing other sources of income — including 1099-B and 1099-MISC forms. Many taxpayers now receive these documents electronically ...

“The IRS is now testing its own in-house tax return ... There’s been a lot of talk about Form 1099-K, which reports payments users collect through mobile apps. “One item we were expecting ...