Investing & Personal Finance Tips : What Is a 1099 Form Used for?

A 1099 form is used for reporting non-employee compensation to the IRS, and it is generally filed for contract work that has been done for a company. Report income from a 1099 to avoid getting in trouble with the IRS using tips from aninvestment portfolio manager in this free video on tax forms. Expert: Gregory Bramwell-Smith Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates. Filmmaker: David Pakman

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2 Responses to “Investing & Personal Finance Tips : What Is a 1099 Form Used for?”

1. federalstimuulesstv says:

   December 15, 2011 at 6:39 am

   1099 forms are used bye larger companys to lower the cost of labor they must use to complete a project, and as a way of shielding themselves from liability
   many 1099’s? go unreported
2. jansimefd says:

   December 15, 2011 at 7:09 am

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