Questions about a particular Form 1099 for a certain tax year? This informative archive is your last stop to gather recipient information, learn about common errors, find out who receives a 1099 and more.
This guide walks you through the essentials of 1099 form reporting, what to file, when to file it, and how to accurately complete each section, so you can meet IRS requirements for the 2025 tax year (returns generally filed in 2026). What is a 1099 Form? A 1099 form is an information return used to … Read more
If you paid independent contractors or other nonemployees, you likely filed Form 1099-NEC. Mistakes happen: names get misspelled, TINs are mistyped, or amounts land in the wrong box. This guide explains when a 1099-NEC correction is required, how to fix the error (electronically or on paper), and how to avoid penalties. What is Form 1099-NEC … Read more
Not sure when to issue Form 1099-MISC? This guide explains what the form covers, who must file, key thresholds, deadlines, and practical steps to stay compliant, without the jargon. What is Form 1099-MISC? Form 1099-MISC is an information return businesses use to report certain types of payments made in the course of trade or business. … Read more
Gambling operators, state lotteries, racetracks, and other payers are required to report certain gambling winnings to the IRS and to the winner using Form W-2G. This guide explains when reporting is required, how withholding works, what information you need, and the steps to file accurately for the 2024 tax year (filed in 2025). What is … Read more
Filing 1099s is a routine part of doing business, but recent rule changes and new online options can make the process feel unfamiliar. This guide explains what 1099s are, who must issue them, how to file 1099 electronically, and how to avoid common mistakes, without assuming prior expertise. Why File 1099 Forms Electronically? What is … Read more
As tax year 2025 approaches its close, the IRS filing season for ACA, Form 1099, and Form W-2 reporting is quickly approaching. Understanding filing requirements, deadlines, and distribution obligations is essential for completing information returns accurately and on time. This IRS Filing guide is designed to help filers navigate the process of preparing, furnishing, and … Read more
If you pay people for work, you’ll eventually face a simple but important choice: do you treat them as employees or independent contractors? That decision drives how you pay, what you report to the government, and which forms you file (W-2 vs 1099). This guide explains the differences, offers practical examples, and helps you make … Read more
At the end of each year, businesses and organizations must begin preparing for the upcoming Form 1099 deadlines. Knowing when these deadlines fall is important for meeting IRS reporting requirements and avoiding penalties related to late or incorrect filings. Basic Information When each tax year, or calendar year, comes to a close employers must ensure … Read more
The IRS has announced the annual shutdown / cutover schedules for the FIRE and IRIS systems for Tax Year 2025 (Filing Season 2026). During the cutover, all filing activities, including corrections and replacements for FIRE and IRIS, will be temporarily stopped. FIRE & IRIS Production Cutover Schedules The temporary shutdown for FIRE production will begin … Read more
Information returns like the 1099 form help the IRS match income recipients report with what payers report. If you pay independent contractors, landlords, attorneys, or others in the course of your trade or business, this guide explains who needs to file, which forms apply, deadlines, exceptions, and practical steps to stay compliant in 2026. What … Read more
This 1099-MISC deadline guide explains what to report, who must file, key dates, and practical steps to stay compliant. What the Form 1099-MISC is (and isn’t) The IRS uses information returns to track certain payments made in the course of business. The 1099 family includes several forms with different purposes. Use Form 1099-NEC to report … Read more
Form 1099-C, Cancellation of Debt, is filed when an applicable entity cancels a debt that is owed to them. This article goes over who must file Form 1099-C, when to file it, what information is required, and other common questions. What Is Form 1099-C? Form 1099-C, Cancellation of Debt, is filed for each debtor for … Read more
Form 1098, Mortgage Interest Statement, can feel technical, but it doesn’t have to be. This guide walks through what each box means, who must file the form, deadlines, and how homeowners can use the information at tax time. What is Form 1098 and why it matters Form 1098 reports mortgage interest and certain related amounts … Read more
If you pay independent contractors, freelancers, or other nonemployees for services, you may need to file Form 1099-NEC. This guide explains who must file, the exact due dates for 2026, how to file correctly, and what to do if you need more time. What is Form 1099-NEC? Form 1099-NEC reports nonemployee compensation. This is generally, … Read more
IRS Form 1099-INT, also known as the Interest Income form, is used to report interest payments made to individuals and businesses. Whether you’re an individual taxpayer, financial institution, or business owner, understanding how and when to use this tax form is crucial for complying with federal tax law. Overview What is Form 1099-INT? Form 1099-INT … Read more