What Is a 1099 Form and What Should You Do With It?

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
Morningstar

Roth Employer Contributions Come With a 1099-R Surprise

If you have taken distributions from any tax-deferred retirement account, you know that the distribution is reported on IRS Form 1099-R. A Form 1099-R is not usually issued for money that is added to ...
Morningstar

How to Fix ‘Misleading’ Reporting on Your Form 1099-R

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...
Hosted on MSN

Do You Earn Money via Venmo, PayPal or Cash App? Here's Why You Received a 1099-K

If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third-party ...
Forbes

Most Lawsuit Settlements Trigger An IRS Form 1099, But Not These Two

Most defendants issue IRS Forms 1099 for legal settlements. The form may be issued to the lawyer, the client, or both. Frequently, both the client and the lawyer receive a Form 1099 for 100%, making ...