Here are some common types of 1099 forms: For the 2023 tax year, third-party payment processors only needed to send out 1099-Ks if account holders conducted more than 200 transactions totaling at ...

Check out the Practical Guide to 1099s that we co-authored! Here’s a crash course for each type of form, followed by an FAQ. This form was new for 2020 and replaces the old Box 7 of Form 1099-MISC.

Not everyone needs to file a Form 1099-INT, but financial institutions and other entities that pay interest do. As a ...