For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...

Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...

Investors should receive their 1099-B and 1099-S forms from their financial institutions by Feb. 15 this year. The deadline for investment firms to provide 1099 forms to clients for many years was Jan ...

Key takeaways Form 1099-B is used to report gains or losses from selling stocks, bonds, derivatives, or other securities through a broker, and for barter exchange transactions. The form contains ...

With the passage of the U.S. infrastructure bill in November, “crypto brokers” (i.e., cryptocurrency exchanges and other third parties that facilitate the transfer of digital assets) will be required ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

Add Yahoo as a preferred source to see more of our stories on Google. If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll ...

If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...