Form 1099-MISC is used for compensation not subject to self-employment tax while Form 1099-NEC is used for compensation that is subject to self-employment tax. The IRS requires specific forms to ...
Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...
It should also help you find any deductions that might reduce your tax bill and make sure you complete all necessary forms for an accurate self-employed tax return. Below is a list of our top tax ...
22, 2025 (GLOBE NEWSWIRE) -- The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the 1099-K ...