About Form 1099

• Employers use Form 1099 to report income they pay to independent contractors, such as performers, guest lecturers, physicians or lawyers. Form 1099 can also report rent or royalty payments. Employers and other wage providers must mail copies of Form 1099 to the IRS and the wage recipients for the previous year by Feb. 15. Most employers of independent contractors don't withhold income tax, so Form 1099 recipients must pay quarterly or pay their entire tax liability at the end of the tax year.