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  • [Uplifting Music]

  • Hi I'm Amir from TurboTax with some helpful tips on how to recover your 1099 tax form.

  • As tax time approaches, are you still in need of your 1099?

  • Or maybe you're trying to track down one from a previous year?

  • Don't worry - there are easy ways you can retrieve the forms you need to file.

  • If you worked as an independent contractor or received any other payment that needs to

  • be reported on a 1099, then you should reach out to the person or business that paid you.

  • The payer should send you a copy of your 1099 by January 31st.

  • Keep in mind that if your total payments for the prior year are under $600, the IRS threshold,

  • they may not need to send you a 1099.

  • Regardless of whether or not you receive a 1099 from someone, you are required to report

  • all of your taxable income on your tax return.

  • Some payers may not send a 1099 even if they are over $600 in payments, so don't rely

  • on 1099s to keep track of all the income you have made during the year.

  • If you are looking for 1099s from earlier years, you can contact the IRS and order a

  • wage and income transcript”.

  • The transcript should include all of the income that you had as long as it was reported to

  • the IRS.

  • All you need to do is fill out a Form 4506-T and mail or fax it off to the IRS.

  • However, if the income was not reported to the IRS, then it won't appear on this transcript.

  • For example, if a payer didn't send a 1099 to the IRS, the income you received from them

  • won't be included.

  • For more information about this and other tax topics, visit TurboTax.com.

  • [Uplifting Music]

[Uplifting Music]

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