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1099 misc

• Is a form that reports rents, royalties, personal service or profession income, and other miscellaneous income to the Internal Revenue Service (IRS).

 
 Embedded terms in definition
 Income
Royalties
 
 Related Terms
 1099 b
1099 div
1099 g
1099 int
1099 oid
1099 r
1099 s

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

You are what you think. You are what you go for. You are what you do! Bob Richards

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