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Form Guide

1099 Form Types

Understanding different 1099 forms

Common 1099 Forms

FormDescription
1099-NECFreelance/contractor income
1099-MISCMiscellaneous income
1099-KPayment apps (over $600)
1099-INTInterest income
1099-DIVDividend income

Key 2026 Changes

1099-K Threshold

Now $600 for payment apps

PayPal, Venmo, Cash App

Quarterly Due Dates

April, June, September, January

Avoid underpayment penalties