what is the difference between a 1040 and a 1099 
form 1040 and form 1099 are different components of an individual s tax return there are many different types of form 1099 but form 1099 is most commonly given to independent contractors to remit tax information relating to payments they received during the tax year this information is used to complete form 1040 as the financial records listed on form 1099 are input into form 1040 the bottom lineform 1040 is the central part of tax filing for united states citizens it is the tax form that all taxpayer financial statements eventually feed into and support tax schedules branch out of regardless of an individual s filing status or income taxpayers who file taxes will complete some version of form 1040 