Form 1099-C is a tax form that creditors must file when they cancel a $600 or more debt. For example, if you negotiate a debt ...

You can also look up more information about each form at IRS.gov. For example, if you’re self-employed, you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business.

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...