IRS form 1099-OID is used to report taxable income on certain bonds and other debt issues that were purchased at a discount from face value.

A 1099 form is a tax record that an entity or person — not your employer — gave or paid you money. There are various types of 1099s, depending on the type of income in question.

You should receive most 1099 forms by the end of January, although the deadline is mid-February for a few. Income reported on a 1099 form is usually taxable, but not always.

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but we'll try to clear up any confusion.

Form 1099-MISC: Miscellaneous Information, is an IRS form used to report certain types of nonemployee compensation.

A 1099-INT tax form is a record that someone paid you at least $10 in interest throughout the year. Here's what to do with it.

If you were self-employed in 2020, you may have received Form 1099-NEC, Nonemployee Compensation, instead of Form 1099-MISC you may have received in years past. Why the change? In short: the IRS ...

Money A step-by-step guide on how to get your 1099-G form from state labor department Another issue for everyone who got stimulus payments: you do not need to put that on your tax return.