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Description
The 1099 tax form is used to report various forms of income (other than wages, salaries, and tips) to the Internal Revenue Service (IRS) and to the recipient of the payment. Agriculture producers may both receive Form 1099 information returns and be required to issue them. The Form notifies the IRS and the recipient of the payment. The IRS will then look for the amounts from the Form 1099s to show up on the recipient’s Federal tax return. This article covers many 1099s that producers may encounter.
Publisher
Rural Tax Education
Publication Date
8-2010
Keywords
form 1099, information, returns, taxes
Disciplines
Education | Higher Education | University Extension
Recommended Citation
Pierce, Jerry S. Jr., "Form 1099 Information Returns" (2010). Rural Tax Education. 19.
https://digitalcommons.usu.edu/rural_tax/19