My Form 1099 is Wrong – What To Do Next?
Sometimes you might receive a Form 1099 with incorrect information. So what do you do next? Here are some options...
IRS Forms 1099 – Wait For the Corrected 1099 Before Filing Your Taxes
Many taxpayers rush to file their taxes once they receive their W-2s and 1099s. It may be a good idea to wait. This article discusses corrected 1099s and how they impact your taxes.
Fraudulent Form 1099 Filings – How Do I Correct the Filings?
Some taxpayers may receive a 1099 with incorrect information. The 1099 could also be issued under fraudulent circumstances. Here are some tips on how to correct the issue.
Twitch and YouTube Form 1042-S
Twitch streamers and YouTube channel creators that are non-U.S. persons may receive a Form 1042-S at the end of each year. This information reports your U.S. source royalty income and federal withholding taxes.
Twitch & YouTube Forms 1042-2 and 1099s, and W-8BEN
Online creators receive royalty income from advertisements run on their channels. This royalty income may consist of U.S. source income which is taxable when paid to nonresident creators. This article and video discusses those tax rules and the various forms.
What is the IRS Form 1099-MISC for Miscellaneous Income
When a company makes payments to an independent contractor, they are generally required to report the payments on a Form 1099-MISC or a Form 1099-NEC. This article and video tutorial covers those basic rules and some of the reporting implications.
What If I Did Not Receive a Form 1099?
The Form 1099 is filed by businesses to report certain types of income paid to taxpayers. If a taxpayer did not receive a Form 1099 when they were supposed to, they have a few options.