|
|
|
TaxSlayer Books Help Center
.: Glossary
|
Glossary
Terms in glossary: 3.
1096
Employers must file Form 1096 Annual Summary and Transmittal of US Inforamtion Returns when filing Form 1099-MISC, 1099-INT or 1099-DIV. The 1096 form summarizes all information included on the MISC, INT, and DIV forms. The deadline for filing this form is the last day of February in the year following payments made.
 Show related articles
Accrual Basis
Accounting method which requires income to be recognized at the time the revenue is earned (but not necessarily received) and records expenses when liabilities are incurred (but not necessarily paid for).
Show related articles
Cash Basis
Accounting method that recognizes revenues and expenses at the time physical cash is actually received or paid out.
Show related articles
|
|
Glossary
Contact Us
1099 Information