What is the difference between a W-9 and 1099 form?

Answer A W-9 form is needed by those who are independent contractors or freelancers. This form will allow a company to keep records of your earnings. An independent contractor or freelancer does not get... Read More »

Top Q&A For: What is the difference between a W-9 and 1099 form

What Is a 1099 For?

The 1099 form is called an informational return. It is used to report earnings and transactions to the IRS that fall outside of the normal wages and salary reporting.FunctionA 1099 form is issued b... Read More »

When does a 1099 need to be sent out?

A 1099 form must be mailed out by an employer by January 31st of each year. If that date is over a weekend or holiday, the company or individual mailing the 1099 usually must mail the form out the ... Read More »

Where is the ein on a ssa-1099?

Form SSA-1099 is used to report Social Security benefits to recipients. Because Social Security benefits are paid directly to recipients from the Social Security Administration, there is no EIN, or... Read More »

What is a 1099 form used for?

The Internal Revenue Service has dozens of different tax forms that sometimes befuddle the taxpayers, especially since they are identified by numbers, such as the 1099. The 1099 is a fairly common ... Read More »