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

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

    For example, if you settle a $2,000 debt with your creditor for $1,300, your creditor will send you a 1099-C form. When you receive a 1099-C, locate the amount of the debt that was forgiven and ...

  3. Form 1099 - Wikipedia

    en.wikipedia.org/wiki/Form_1099

    Form 1099. Form 1099 is one of several IRS tax forms (see the variants section) used in the United States to prepare and file an information return to report various types of income other than wages, salaries, and tips (for which Form W-2 is used instead). [1] The term information return is used in contrast to the term tax return although the ...

  4. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    1040. 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.

  5. Form 1099-MISC vs. 1099-NEC: Which Do I Need For Taxes? - AOL

    www.aol.com/form-1099-misc-vs-1099-140000945.html

    Continue reading → The post Form 1099-MISC vs. 1099-NEC appeared first on SmartAsset Blog. ... For example, you might have paid $600 or more to a contractor during the year, or maybe you paid ...

  6. Form 1099-MISC - Wikipedia

    en.wikipedia.org/wiki/Form_1099-MISC

    In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business (including nonprofits: 1 ) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation), but starting tax year 2020, this use was moved to the ...

  7. What is a 1099-C Cancellation of Debt form? - AOL

    www.aol.com/finance/1099-c-cancellation-debt...

    If you have more than $600 of taxable debt forgiven, you’ll receive a 1099-C Cancellation of Debt form from the lender. This form is a tax document that the lender is required to file. It will ...

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