Lawsuit Settlement Form 1099 Requires Special Care On Your Taxes

Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a ...
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What is a 1099 form? Your complete guide to non-employee income and tax reporting

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...
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1099 vs. W-2 employee: What’s the difference and which is right for you?

Knowing the difference between 1099 vs. W-2 employees is key for filing your taxes. Learn the key points about tax ...
Forbes

IRS Forms 1099 Can Be Wrong. Here’s What You Can Do About It

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...
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 ...