IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

That's just the basic threshold ... the last thing you want is a Form 1099. Some damages are tax-free under Section 104 of the tax code, but only physical injuries and physical sickness qualify.

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you.