Definition of Form 1099, IRS Informational Tax Form

Payroll Definitions

Browse terms alphabetically

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

1099 Form Definition

1099 Short Definition

A Form 1099 is filed with the Internal Revenue Service (IRS) and is an informational tax form. When payments need to be reported to the IRS, often one of the 1099s is used.

Expanded Definition
There is a series of 1099 forms. These include 1099-R for payments from pension plans, 1099-MISC for independent contractors, etc., and others. The 1099-MISC may be the most familiar and is a tax form primarily used to show earnings for a non-employee.

Related Articles:
W2 vs. 1099: Choose Wisely!
Payroll Tax Record-Keeping: IRS Requirements

Get Started
Try it free

Sign up today for a free, no-obligation 30-day trial.

Try It Free for 30 Days
Get Started
Take a demo

Kick the tires with a free self-guided demo.

Take a Self-Guided Demo