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Is a Form 1099 the Same as a W-2? While a W-2 reports wages, salaries, and tips, a 1099 reports other kinds of income. There are many varieties of 1099 form, and each one is used to report different, specific types of income. 1 Jan 2017 Question: I received a Form 1099-MISC instead of a Form W-2. report the income on line 21 of Form 1040, U.S. Individual Income Tax Return, 28 Dec 2016 These forms report to the IRS exactly how much a company has paid you in the last tax year as a non-employee — they are the alternative to Find out what to do with a 1099 form, how to include it with your personal taxes, and how to file this type of income. 31 Mar 2015 Before you file taxes, collect all your IRS Forms 1099 and pay attention to each one. The IRS sure does. 1 Jan 2017 Although both of these forms are called information returns, they serve different functions. Employers use Form W-2, Wage and Tax Statement, The 1099 form is a series of documents the Internal Revenue Service (IRS) refers to as "information returns." There are a number of different 1099 forms that report the various types of income you may receive throughout the year other than the salary your employer pays you. 6 Sep 2016 Form 1099-MISC, Miscellaneous Income Use the Comment on Tax Forms and Publications web form to provide feedback on the content of Payees use the information provided on the 1099 forms to help them complete their own tax returns.
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