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.

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

The IRS has announced a significant update for the 2025 tax season: the introduction of Form 1099-DA for cryptocurrency transactions. This form is a pivotal step in the government's efforts to ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

The Form 1099-K is an essential information return used by the Internal Revenue Service (IRS) to enhance voluntary tax compliance by reporting specific payments received for goods or services through ...

This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.

If you received a digital payment for part-time work, gig activities or sales of goods and services in 2025, the IRS says you ...