A 1099-MISC form reports certain types of miscellaneous income, including rent, royalties, prizes and other payments.

Understanding different types of 1099 forms The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC.

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

The 1099-MISC form is a common form for small businesses and here is how you should fill it out.

Arguably the most irksome is Form 1099-MISC, which can cover just about anything. Consulting income, or non-employee compensation is a big category for 1099-MISC.