Written by Access Health CT | Published October 17th, 2023 | Updated October 17th, 2023Form 1099 is used to report types of taxable income other than wages, salaries and tips to the Internal Revenue Service (IRS).
Examples include:
- Self-employment income
- Social Security benefits paid
- Proceeds from the sale of real estate
- Dividends and/or Interest payments
- Distributions from a retirement plan such as an IRA, 401(k), or pension
- Payments from state governments such as unemployment compensation and state tax refunds