1099s confirm how much a company has paid you in the last tax year as a non-employee (contractor, freelancer, etc.). The government requires that organizations send their independent contractors 1099-MISC forms by January 31st, indicating the income paid to each contractor over the prior year. If a company has paid you less than $600 over the course of the year, they do not need to send you a 1099, but you still must account for the income.
Articles in this section
- What is a 1099?
- When is tax season?
- How much money do I have to make to receive a 1099?
- What do I do with my 1099?
- Who will be receiving a 1099 from Bold?
- What if my 1099 is reporting the wrong amount or has any other inaccuracies?
- What if I have questions about the 1099 process?
- What if I have questions about my taxes?