Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

If you receive a Form 1099 you think is wrong, you can ask the payer to correct it. They can destroy the incorrect one if they have not already sent it to the IRS. If it's too late, they can issue a ...

Dividends Received in Taxable Accounts Will Be Recorded on the Form 1099-DIV. The Brokerage Will Summarize All Stock 1099-DIV Reports Onto One Consolidated 1099-DIV. The Numbers Reported Can Seem ...

A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...

Here's the tax form you'll need to report your income on your tax return. Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In ...

A 1099 form is a document that businesses use to report various types of government payments to both the IRS and payees. This includes payments for services, dividends, interest, rents, royalties, and ...

There is a special rule for cash-basis taxpayers regarding payments that are counted as expense in the tax year paid, but the recipient has income in the following year of actual receipt. For example, ...