Who must give out a TIN number for a 1099 form?

Answer Independent contractors must file a form 1099 from the Internal Revenue Service if they make more than $600 per year. A TIN is a taxpayer identification number, which is usually your Social Securit... Read More »

Top Q&A For: Who must give out a TIN number for a 1099 form

Can a Small Business Give an Employee a 1099 Form?

By definition, you can't give an employee an Form 1099 for the work the employee performed. However, you can hire an independent contractor to do work for you, and if that work totals more than $60... Read More »

What is a 1099-INT tax form?

Form 1099-INT is a tax form that documents the income that you have received from interest over the year. Interest is categorized as unearned income but still needs to be reported on your income ta... Read More »

What is a form 1099-INT?

A 1099-INT form will show how much interest a financial institution has paid you over the course of the year. The form is sent at the end of the year and is used for filing your taxes.FunctionThe 1... Read More »

What is a 1099-R tax form?

A 1099-R tax form is the form used to report distributions from pensions, profit-sharing programs, insurance contracts, IRAs and certain disability payments to the Internal Revenue Service. The a... Read More »