If you perform paid services for a person or legal entity but you’re not a regular employee, you’ll probably receive a 1099-MISC form to fill out. The 1099-MISC is a common type of IRS 1099 form, which is a report of non-employee income. This form is usually filled out by independent contractors, freelancers and self-employed individuals. You receive the 1099-MISC form if you are paid $10 or more in royalties during a year or if you receive at least $600 in:
Dates: The 1099-MISC submission deadline is January 31 of the following year.
Extensions: You may apply for a 30-day extension by submitting the 8809 form by 1099-MISC tax form due date.
Take into consideration: The 1099-MISC form includes your Social Security number or Taxpayer Identification Number. So if you don’t report your income, the IRS will become aware.
You don’t have to file the 1099-MISC form if you are registered as a C corporation or S corporation.
IRS Forms with Versions and Schedules
U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests
U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests
U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests
