topic Re: 1099 form in Community Chat

1099 form

catter70 — Fri, 09 Jan 2026 18:32:54 GMT

I just got my first 1099 form for the 2025 tax season. Can't believe it's that time of year again. Seems like I just had them done.

Re: 1099 form

They CallMe MRWILKES — Fri, 09 Jan 2026 18:35:49 GMT

IR-2026-02, Jan. 8, 2026

WASHINGTON — The Internal Revenue Service announced Monday, January 26, 2026, as the opening of the nation’s 2026 filing season.

Re: 1099 form

tansy — Fri, 09 Jan 2026 18:37:17 GMT

@catter70 wrote:
I just got my first 1099 form for the 2025 tax season. Can't believe it's that time of year again. Seems like I just had them done.

I feel the same, @catter70. I bought a new cartridge for the printer:/

Re: 1099 form

I am still oxox — Fri, 09 Jan 2026 18:44:31 GMT

Since we file online I rarely print anything

Re: 1099 form

Carmie — Fri, 09 Jan 2026 19:36:32 GMT

I hope our 1099 tax forms will being sent ASAP. We are always held up waiting for a few that are always late.

With the new tax rules giving a bonus deduction for seniors, this should be a good year. I think we will get a refund.

For anyone who is financing a car, be sure to wait for your interest paid info before you file. You can deduct up to $10,000 in car interest for 2025.

Re: 1099 form

meallen616 — Fri, 09 Jan 2026 19:49:47 GMT

@catter70,

We just said the same thing at my house this morning!

Re: 1099 form

ROMARY — Fri, 09 Jan 2026 20:02:59 GMT

I don't know how true.......

I heard that the IRS will not issue paper tax refund checks.

There might be exceptions.....

Re: 1099 form

ROMARY — Fri, 09 Jan 2026 20:57:33 GMT

p.s. If one doesn't receive a 1099 in time for a tax preparer / accountant appointment, one can call or visit the local bank and they will tell you via a phone call the amount of interest earned in the past year. Or, they will print out the 1099 for you and you can pick it up at your local branch.

Re: 1099 form

songbird — Fri, 09 Jan 2026 20:10:25 GMT

We can't do it ourselves. Stocks, bonds, funds, etc. We always head over to HR Block.Too complicated.

Re: 1099 form

Laura14 — Fri, 09 Jan 2026 20:30:41 GMT

I am hoping my IRA contribution is enough to offset my taxes this year. I hate not having a 401K anymore!

It's terrible when you invest well and then have to sweat giving it all back to the government. Ridiculous world we live in.

If I could manage my own money, I'd be able to live quite well.

Re: 1099 form

Icegoddess — Fri, 09 Jan 2026 20:39:22 GMT

@I am still oxox wrote:
Since we file online I rarely print anything

My husband does them and files online, but he prints a copy for our records.

Re: 1099 form

I am still oxox — Fri, 09 Jan 2026 20:51:13 GMT

@Icegoddess wrote:
@I am still oxox wrote:
Since we file online I rarely print anything
My husband does them and files online, but he prints a copy for our records.

@Icegoddess I keep all of the copies on my computer

Re: 1099 form

Icegoddess — Fri, 09 Jan 2026 21:35:34 GMT

@I am still oxox wrote:
@Icegoddess wrote:
@I am still oxox wrote:
Since we file online I rarely print anything
My husband does them and files online, but he prints a copy for our records.
@Icegoddess I keep all of the copies on my computer

@I am still oxox We do too, but what if something happens to your computer? Do you at least back it up on a regular basis? I don't trust automatic backups since I feel like that is how one might get ransomware.

Re: 1099 form

Boehm Collector — Fri, 09 Jan 2026 21:50:34 GMT

@Carmie wrote:
I hope our 1099 tax forms will being sent ASAP. We are always held up waiting for a few that are always late.

With the new tax rules giving a bonus deduction for seniors, this should be a good year. I think we will get a refund.

For anyone who is financing a car, be sure to wait for your interest paid info before you file. You can deduct up to $10,000 in car interest for 2025.

@Carmie I used to send all my income tax info to my accountant by mid February so my returns were always done by the end of February. But the last couple years one of my 1099's have not come in until the middle to the end of March. So that has been causing a delay in getting my returned done. I am not happy.

Re: 1099 form

drizzellla — Fri, 09 Jan 2026 22:25:28 GMT

@Boehm Collector wrote:
@Carmie wrote:
I hope our 1099 tax forms will being sent ASAP. We are always held up waiting for a few that are always late.

With the new tax rules giving a bonus deduction for seniors, this should be a good year. I think we will get a refund.

For anyone who is financing a car, be sure to wait for your interest paid info before you file. You can deduct up to $10,000 in car interest for 2025.
@Carmie I used to send all my income tax info to my accountant by mid February so my returns were always done by the end of February. But the last couple years one of my 1099's have not come in until the middle to the end of March. So that has been causing a delay in getting my returned done. I am not happy.

I worked in the Accounting Department my entire working career. And come ****** or high water all the different 1099s had to be postmarked by January 31. My other deadlines would have to wait. I had to work late many nights to make sure I met my deadline. Even had to drive around to different stores to get the different 1099 forms.

So I have no idea how it seems every year we get 1099s through out the entire month of February. Most of the forms do not have a postmark so I guess that is why. I know my husband wanted to mail our tax return but had to wait until we finally received all our 1099s. And it was more than one company.

Re: 1099 form

I am still oxox — Fri, 09 Jan 2026 23:04:48 GMT

@Icegoddess wrote:
@I am still oxox wrote:
@Icegoddess wrote:
@I am still oxox wrote:
Since we file online I rarely print anything
My husband does them and files online, but he prints a copy for our records.
@Icegoddess I keep all of the copies on my computer
@I am still oxox We do too, but what if something happens to your computer? Do you at least back it up on a regular basis? I don't trust automatic backups since I feel like that is how one might get ransomware.

@Icegoddess I have never had an issue filing this way my computer is backed up to the Cloud I a, on a Mac and they rarely have issues/

Re: 1099 form

pdlinda — Fri, 09 Jan 2026 23:07:32 GMT

@Carmie I believe the car loan interest deduction only applies to cars Manufactured in the USA.

Re: 1099 form

pdlinda — Fri, 09 Jan 2026 23:09:17 GMT

@Icegoddess Same here...EFile but make a copy.

Re: 1099 form

Carmie — Fri, 09 Jan 2026 23:19:58 GMT

@pdlinda wrote:
@Carmie I believe the car loan interest deduction only applies to cars Manufactured in the USA.

Yes, the car must be assembled in the US. Here are all the details. It is in effect until 2028, so it might be helpful if you're looking for a new car to save tax money.

Re: 1099 form

Icegoddess — Fri, 09 Jan 2026 23:30:39 GMT

@I am still oxox wrote:
@Icegoddess wrote:
@I am still oxox wrote:
@Icegoddess wrote:
@I am still oxox wrote:
Since we file online I rarely print anything
My husband does them and files online, but he prints a copy for our records.
@Icegoddess I keep all of the copies on my computer
@I am still oxox We do too, but what if something happens to your computer? Do you at least back it up on a regular basis? I don't trust automatic backups since I feel like that is how one might get ransomware.
@Icegoddess I have never had an issue filing this way my computer is backed up to the Cloud I a, on a Mac and they rarely have issues/

@I am still oxox We both have Mac's too. I don't trust the Cloud. It's just another name for a server and can be hacked. But, you do you.