Files

Download

Download Full Text (505 KB)

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

Form 1099 Information Returns

Share

COinS