by Answerbag Staff on February 3rd, 2010

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What is the IRS form 1099?

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  • by Aurelio Locsin on February 3rd, 2010

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    Professionally Researched. (What's this?)

    According to the Internal Revenue Service (IRS), Form 1099-MISC is used to report miscellaneous income for determining federal taxes. This income includes royalties, rents and non-employee compensation, such as those for independent contractors.

    Source:

    IRS: 1099 Instructions

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