Guides
1099 tax basics for American creators earning image licensing income
Creator rights and image consent online meets US tax reality: how 1099-NEC and 1099-K forms, self-employment tax and state sales tax apply to licensing income.
Topic
1099-nec
Rules
Business Gifts, Awards, Noncash Payments and Borrowed Property: How the IRS Treats Them
How the IRS treats noncash business payments, client gifts, employee awards and borrowed property, plus deduction limits and records for US contractors.
Guides
Does a 1099-NEC and a Schedule K-1 change your mileage deduction?
A 1099-NEC and a Schedule K-1 report income differently, and that distinction decides who claims the vehicle mileage expense on your tax return.