If your bank sends you this form, they’ll also send a copy to the IRS. Banks aren’t required to send a 1099-INT to you or the IRS if they paid you less than $10 in interest for the year in ...

Even if you took out the CD late in the year, you will receive a Form 1099-INT if the interest you earned was over $10. The bank or financial institution also sends a copy of this form to the IRS ...

Taxable interest is taxed just like ordinary income. Payors must file Form 1099-INT and send a copy to the recipient by January 31 each year. Interest income must be documented on Schedule B of ...

You won’t need to attach a copy of your 1099-INT form that you receive, but you do need to include the information on your tax return. Besides the federal government, 43 states also collect ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...

There are many different versions of the Form 1099 depending on the type of income you need to report when you file your return. Keep in mind that you’re not the only one who receives these forms – ...

There’s been a lot of talk about Form 1099-K, which reports payments users collect through mobile apps. “One item we were expecting to see this filing season that has been delayed is the $600 ...