IRS Tax Forms

Form 1099-MISC | Miscellaneous Income

Form 1099-MISC – Miscellaneous Income is the information return used for reporting various types of miscellaneous income. The Internal Revenue Service requires taxpayers to file Form 1099-MISC for payments that exceed $600 for the following types of payments.

  • Rents
  • Crop insurance proceeds
  • Attorney payments
  • Healthcare payments
  • Other income payments
  • Fishing boat proceeds
  • Cash payments for fish

In addition to above, file Form 1099-MISC for royalty and broker payments in lieu of dividends that exceed $10.

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