1099

Independent contractor's document

A 1099 is an IRS tax form reporting income other than wages—freelance payments, interest, dividends, or other earnings not subject to employer withholding.

The number appears in compounds identifying income type: 1099-MISC, 1099-INT, 1099-DIV.

As an adjective, 1099 describes independent contractor status: She's a 1099 employee, not W-2.

I got a 1099 from every client I invoiced last year.

income

earnings

Money gained from work

net · taxable · revenue · profit · payout · receipts · dividends · interest · royalties · miscellaneous

contractor

independent

Free from external control

consultant · subcontractor · vendor · worker · temp · outsourced · specialist · advisor · interim · tradesperson

documentation

paperwork

Administrative written tasks

  • recordsStored data or albums
  • filingStoring documents systematically
  • bookkeepingRecording financial transactions systematically

forms · archive · organizing · receipts · tracking · invoices · statements · verification · year-end

Categories
Opposites
employment classification

1099W-2

Employer-issued tax form

employee · salaried worker · staff · wage earner · direct hire

income type

1099W-2

Employer-issued tax form

wages · salary

Phrases
Familiarity
Top 500,000
Profile
Mostly American · Timeless · Concrete · Rated G