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Guides / Taxes and paperwork

1099 forms: what you might get

1099-NEC, 1099-K, and what to do if you don't get one.

4 min read

Businesses and platforms report some payments to the IRS on 1099 forms. You report all your income either way.

Common forms

  • Form 1099-NEC: from a business that paid you as a contractor
  • Form 1099-K: from payment apps and online marketplaces, above reporting thresholds
  • Form 1099-MISC: for some other payments

Good to know

  • Income is taxable even if no form arrives
  • Check forms against your own records and ask for corrections if they're wrong
  • Personal payments, like splitting a dinner bill, shouldn't be business income; keep them separate

General information. Reporting thresholds have changed in recent years; check IRS.gov. Penny Boosters isn't paid by any gig app or platform.