Irs Form 1099 And 1098 Reporting: Fill & Download for Free

IRS regulations generally require that when a taxpayer is required to file an informational return with the IRS, including Forms 1099-MISC and 1099-K, that taxpayer must “furnish” a copy of that return to the other taxpayer not later than January 31 of the year following the calendar year of the reportable transaction(s). The regulations ordinarily require that the form be mailed; however, the form may be delivered electronically (except for Form 1098-C, which must always be mailed) if the recipient has previously consented to electronic delivery and that consent has not been revoked.I don’t know if Uber offers electronic delivery of 1099 forms, but you can check your Uber account profile for any checkbox options (in whatever area of their profile that handles tax certifications) to see if you have an option to request electronic delivery of tax documents, and enable them if that’s what you want. Note that reporting taxpayers are not required to furnish copies electronically; they can always elect to mail the form.

A startup business has no special status regarding the obligation of a US taxpayer to file Form 1099 returns when it engages in a reportable transaction or series of reportable transactions. Thus, if a US startup engages in a reportable transaction (or series of reportable transactions) with a contractor, it is required to report that transaction (or series of transactions) in the same manner as a non-startup would.Not all transactions with contractors are reportable; IRS regulations only require Form 1099 returns for reportable transactions. Filing Form 1099 returns for nonreportable transactions is a waste of time and money, and thus a startup should only file a Form 1099 return with respect to contractors with whom it has reportable transactions.In general (but there are many exceptions) any business that pays $600 or more to a nonexempt US taxpayer as compensation for personal services not performed by an employee must report that transaction (or series of transactions) to the IRS on Form 1099-MISC. These are not the only circumstances in which Form 1099-MISC is required, and there are many other types of informational returns that a business may be required to file as well.See About General Instructions for Certain Information Returns for more information about IRS required informational returns (which covers all variants of Form 1099 as well as Forms 1097, 1098, 3921, 3922, 5498, and W-2G).

No.The purpose of a W-9 Form is simply a request for your taxpayer identification number.The form in and of itself does not affect your income.However, if a company is asking for it, that means they are about to pay you (a US citizen or resident alien) as an independent contractor.The sum of the those payments will result in a 1099 Form, which will be given to both you and reported to the IRS shortly after December 31st.Examples of 1099 Forms include (but are not limited to):• Form 1099-INT (interest earned or paid)• Form 1099-DIV (dividends, including those from stocks or mutual funds)• Form 1099-MISC (various types of income, prizes, awards, or gross proceeds)• Form 1099-B (stock or mutual fund sales and certain other transactions by brokers)• Form 1099-S (proceeds from real estate transactions)• Form 1099-K (merchant card and third party network transactions)• Form 1098 (home mortgage interest), 1098-E (student loan interest), 1098-T (tuition)• Form 1099-C (canceled debt)• Form 1099-A (acquisition or abandonment of secured property)The IRS will expect you to pay income taxes based upon what has been reported to them. If you live in a state that collects income taxes, so will they.