what-is-IRS-form-1099-s-who-must-file-1099-s: 1099 S Form is used to report proceeds from all Real Estate Transactions and also to report sales or exchanges of real estate. The reporting transactions include indebtedness, sale, or exchange for money, property, or services of any current or future ownership interest in the following cases. Any non-contingent interest in standing timber. Also, a […]

E-file 1099 NEC Online For 2022: Did you hire a contractor in the prior year? Then you need to file a 1099 information return & report the contractor income to the IRS. Filing a 1099 Form has now become a tedious task for business owners/individuals. Because to report contractor income there are two forms I.e., 1099

Form 1099 INT & Form 1099 OID Differences: To report interest paid throughout the tax period which 1099 Tax Form would you choose? 1099 INT or 1099 OID? Confusing right! Form 1099 INT is used to report interest income made on the investment made in the banks or any other financial distribution. Table of Contents What is

Revised 1099 misc: Did you hear about 1099 MISC with NEC revived back in the new 1099 NEC Form? If your answer is “No”, then once check the IRS websites about the revised 1099 MISC Form for the 2022 tax year. Due to filing complications, the IRS has brought back the old 1099 NEC Form to report