You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

While there are multiple ways to collect money from clients and customers, one of the best options is PayPal. PayPal makes it possible to accept payments without setting up a merchant account. It’s an ...

The right tax tools can help freelancers and gig workers organize their income and uncover real savings opportunities.

1099-CAP Form 1099-CAP documents "changes in corporate control and capital structure." If you owned stock in a company, and ...

Tax filing mistakes can happen to anyone, even if you have a fairly straightforward return. Some mistakes will simply delay ...

For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As with Forms W-2, there is no automatic 30-day extension available for ...

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