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2. 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.

3. How To File Self-Employment Taxes: A Step-By-Step Guide - AOL

   www.aol.com/file-self-employment-taxes-step...

   When you're self-employed, paying taxes is a little more involved than merely doing your income tax filing once a year as you do when you're an employee. You'll need to file the appropriate...

4. Occupational privilege tax - Wikipedia

   en.wikipedia.org/wiki/Occupational_privilege_tax

   Various state and local taxing authorities in the US require an employer or the employee to withhold and remit a tax on the wages paid to an employee. Some states require both the employer and employee to remit a portion of the total occupational privilege tax (OPT), while others only require one or the other to do so. [1]

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. 5 Must-Do Tasks to Prepare to File Your Side Hustle Taxes - AOL

   www.aol.com/5-must-tasks-prepare-file-180012660.html

   “Since not all payment methods require the issuance of 1099-NEC, 1099-NEC and/or 1099-K forms, you can’t rely on those to reflect all of the income earned. ... Self-employment tax, the ...

7. Tax information reporting - Wikipedia

   en.wikipedia.org/wiki/Tax_information_reporting

   These are only a few of the federal forms.States have many equivalent forms and reporting requirements. Taken together, these tax information reporting forms touch hundreds of millions of individuals and businesses, and require a large time commitment on the part of businesses, nonprofit organizations, and educational institutions to administer, prepare and file.