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2. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   Familiarize yourself with how the platforms where you do business plan to handle their 1099-K reporting and what they may need from you to facilitate that. They may, like Venmo and Etsy , have a ...

3. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

   www.aol.com/irs-1099-tax-form-explained...

   Form 1099-NEC replaces 1099-MISC as the form used to report independent contractor income. If you paid an independent contract $600 or more, you’ll need to file one.

4. How to Issue Form 1099 - AOL

   www.aol.com/issue-form-1099-040000623.html

   The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC. You need to fill out Form 1099-MISC if you paid more than ...

5. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   For a variety of reasons some Form 1099 reports may include amounts that are not actually taxable to the payee. A typical example is Form 1099-S for reporting proceeds (not gain) from real estate transactions. The Form 1099-S preparer will report the sales proceeds without regard to the amount of the taxpayer's "basis" in the real estate sold.

6. Good News: IRS Delays New $600 Reporting Rule for Gig ... - AOL

   www.aol.com/irs-delays-600-reporting-rule...

   If you are working as a freelancer, gig worker or side hustler, don’t panic in 2023. The IRS extended more time for workers and online businesses to report income on 1099-k form to 2024.

7. Tax information reporting - Wikipedia

   en.wikipedia.org/wiki/Tax_information_reporting

   The complexity that arises in filing large volumes of information returns requires many filers to depend on third party information reporting software. Form 1099-INT reports interest paid on deposits at financial institutions (and some other types of business interest as well). Form 1099-S reports income from the sale of real estate.