A 1099 form is a tax document used in the United States to report various types of income other than wages or salary. It is typically provided to individuals who have received income as independent contractors, freelancers, or from investments.
There are different types of 1099 forms, each corresponding to specific types of income, such as interest, dividends, or miscellaneous income.
Recipients of these forms use them to report their income on their tax returns, and they are also submitted to the IRS to ensure proper tax compliance.