The IRS has a form for EVERYTHING! 1099 Forms are “Information Returns” and there are many different versions. 1099s are required to report any payments from sources other than employment. People receive 1099 Forms from many different reasons due to the many different types of income there are. Attorney Steven A. Leahy explains what 1099s are and the many different versions.
Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649