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Index/Topics/Form 1099

Form 1099

Payors are not required to report those amounts on Form W‑2 or Form 1099 for 2025.

Fact-Checks

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Jan 24, 2026
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How should independent contractors document and claim qualified overtime or tip deductions for 2025 under IRS guidance?

The ’s Notice 2025-69 lays out transition-year rules allowing taxpayers—including independent contractors—to substantiate and claim the new qualified tips and qualified overtime deductions for tax yea...

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