The Difference Between a 1099 and a W-2 Tax Form


Both the Form W-2 and Form 1099 serve a similar purpose: to report income you earned from sources throughout the tax year. But each is issued under different circumstances and requires slightly different approaches for tax season planning. Here are some tips to decode these two forms and what to expect when preparing your taxes.





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The Difference Between a 1099 and a W-2 Tax Form

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