It's not unusual for taxpayers to be surprised-and perhaps more than a little confused-by some of the correspondence that is received
from the IRS. Here's a case in point: Many taxpayers have been puzzled
by notices they have received
related to 1099 forms. For example, problems
have arisen in the past surrounding notices related
to Forms 1099-K (Payment Card and Third Party
Network Transactions) and 1099-C (Cancellation of Debt). Those who received
the notices were frequently uncertain
what they meant and how they were expected to respond. Friday, February 27, 2015
1099 Trouble? We Can Help
Labels:
1099,
file taxes,
IRS tax forms
It's not unusual for taxpayers to be surprised-and perhaps more than a little confused-by some of the correspondence that is received
from the IRS. Here's a case in point: Many taxpayers have been puzzled
by notices they have received
related to 1099 forms. For example, problems
have arisen in the past surrounding notices related
to Forms 1099-K (Payment Card and Third Party
Network Transactions) and 1099-C (Cancellation of Debt). Those who received
the notices were frequently uncertain
what they meant and how they were expected to respond.
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