1099 Type: Documenting Earnings for Impartial Contractors
A 1099 type is a tax doc issued by a enterprise or entity to report funds made to impartial contractors or freelancers. These funds usually don’t embrace withholdings for earnings tax, Medicare, or Social Safety. For the 2021 tax yr, the 1099 type is on the market as a PDF file on the Inside Income Service (IRS) web site.