Despite COVID-19, the Internal Revenue Service is continuing forward with moving 1099-MISC Box 7, “Non-Employee Compensation” to a new form, the 1099-NEC. This is effective starting this tax year, ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 3 years old. Closeup of Form 1099-NEC, ...
As an Unsecured Creditor in United Airlines bankruptcy action, I received stock in the reorganized company. They sent me a 1099-Misc, Box 3, for the FMV of the stock. Do I have to pay income taxes ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...
HI Kathy, I am a student from India,currently working on optionalpractical training(OPT).I received W2 from and 1099 misc form for the year 2006.In form 1099 misc the money the company paid is under ...