What type of income is typically not reported on a 1099?

Wages and salaries are typically reported on a W-2 form instead of a 1099 form. The W-2 is used by employers to report the wages paid to employees and the taxes withheld from those wages throughout the year. In contrast, the 1099 series, including the 1099-MISC and 1099-NEC, is used to report various types of income received by individuals who are not classified as traditional employees.

Interest payments, dividends from stock investments, and freelance or contract labor income are all reported on different types of 1099 forms. Interest payments can often be found on a 1099-INT form, dividends on a 1099-DIV, and freelance or contract labor income is reported on a 1099-NEC. Each of these forms serves the purpose of documenting income for tax purposes for individuals who may not receive regular wages from an employer. Thus, wages and salaries are uniquely categorized under the W-2 form, differentiating them from the types of income reported on a 1099.