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

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

    A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document and the different 1099 versions.

  3. 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.

  4. 7 Biggest Mistakes Gen Z Will Make on Taxes This Year ... - AOL

    www.aol.com/7-biggest-mistakes-gen-z-140200445.html

    If you worked a side hustle and earned $600 or more, the payer should send you a 1099 form at the end of the year. Even if you earned less than $600 from a given side gig, Uncle Sam still demands ...

  5. Independent contracting in the United States - Wikipedia

    en.wikipedia.org/wiki/Independent_contracting_in...

    The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...

  6. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.

  7. Savings interest rates today: Put your money to work ... - AOL

    www.aol.com/finance/savings-interest-rates-today...

    Down 1 basis point. Interest checking. 0.07%. 0.08%. ... your bank or financial institution will send you a Form 1099 to file with your annual tax return. ... Cash-out refinance vs. home equity ...

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