| Published | 2022-05-15 |
| Platform | Udemy |
| Rating | 5.00 |
| Number of Reviews | 3 |
| Number of Students | 104 |
| Price | $49.99 |
| Instructors |
Sandy Ingram
|
| Subjects |
1099-K 1099-MISC 1099-NEC
Have you just received a 1099-K, a 1099-MISC, or a 1099-NEC? Don't know what to do with these forms? You are not alone. Form 1099-K is a new IRS form aimed at individuals who earn an income online. The IRS is now forcing third-party payment processors such as PayPal or merchant accounts to report income flowing through their networks to you.
IMPORTANT NOTE: There are no quizzes in this course. As long as you don't end up owing the IRS penalities or interest then give yourself an A+ in this course.
The recent global health issues have changed how many people earn income, and the 1099-K and the 1099-MISC are becoming more common. These forms represent income paid to you for services or products. Either way, you must report this income on your annual tax return. The good news is these tax forms open up a whole new financial world for you. You will be entitled to an abundance of additional tax write-offs. The bad news is that there will be additional tax forms that you will need to become familiar with. This course is all about these new tax forms, reporting requirements, and how to stay out of trouble with the IRS. If you received a 1099-K or a 199-MISC, you are NOW self-employed if you received either of these tax forms. I’m Sandy Ingram, aka C. Ingram, a registered tax professional with the IRS since 1999. I teach regular tax classes on Udemy for small business owners while I travel the world slowly while retired. The course is fun, easy to understand, and less than 45 minutes long. It can make the difference between you owing the IRS or receiving a tax refund. Click the link and enroll today.