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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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 ...
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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

Navigating New IRS Form 1099 Rules And Understanding Reasonable Cause

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Jul 18, 2024, 02:44pm EDT Jul 19, 2024, 09:52am EDT Closeup ...
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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 ...
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Everything you need to know about the IRS 1099-K form

The 1099-K tax form is a critical document for individuals earning income through third-party payment platforms. This form reports income from non-permanent jobs, such as side hustles, freelance work, ...