What is IRS Tax Form 1099?

What is IRS Tax Form 1099? - Generally, people are most familiar with the common types of the 1099. These include 1099-DIV and 1099-INT, the forms sent to account holders by their banks each year to document interest, dividends, and distributions paid to the individual over the course of the year. These individuals then report the income on their federal income tax return, i.e. a Form 1040, 1040A