Form 1099-C: Cancellation of Debt – A Complete Guide for Lenders and Recipients
12 mins
When a lender forgives or cancels a debt, the IRS may consider the canceled amount as taxable…
12 mins
IRS Form 1099-A: A Complete Guide for Lenders and Borrowers
13 mins
In the world of lending and real estate, certain events—like foreclosures or abandoned properties—can have tax implications…
Form 1099-DA: A Complete Guide to Digital Asset Reporting for 2025 and Beyond
11 mins
As the digital asset economy continues to expand, the IRS is tightening its compliance framework to ensure…
Form 1099-K: A Complete Guide to Payment Card and Third-Party Network Transactions
12 mins
In today’s digital economy, payment transactions increasingly flow through third-party processors like PayPal, Stripe, Venmo, Square, and…
1099 for Rental Income: A Comprehensive Guide for Landlords and Property Managers
11 mins
Rental income can be a lucrative source of revenue, but it comes with tax responsibilities. One of…
What Is IRS Form 1099-B? A Complete Guide for Brokers, and Investors
13 mins
If you’ve sold stocks, bonds, mutual funds, or other securities through a broker, chances are you’ve encountered…
IRS Form 1099-S: A Complete Guide to Real Estate Transaction Reporting
12 mins
When you sell or exchange real estate, there’s more to the deal than just signing the paperwork…
Form 1099‑R: Distributions From Pensions, Annuities, Retirement, or Profit‑Sharing Plans
9 mins
Distributions from qualified retirement plans, annuities, IRAs, and similar arrangements are reported on IRS Form 1099‑R. Whether…
Understanding IRS Form 1099-DIV: A Complete Guide for Payers and Recipients
13 mins
Dividend reporting plays a crucial role in the U.S. tax system, ensuring investors are properly taxed on…
Form 1099-INT: Trusted IRS Guide for Reporting Interest Income
11 mins
As a financial institution, business, or government agency, issuing accurate tax forms is a crucial part of…