Learn how to fill out and file 1099-NEC forms for independent contractors and freelancers. This guide provides step-by-step instructions, deadlines, and FAQs.
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If so, you must use Form 1099-NEC. For accurate reporting of contractor payments, learn how to fill out a 1099-NEC. First, a little background… Just when you thought you had filling out Form 1099-MISC down to a science, the revived 1099-NEC swoops in. Beginning with tax year ...
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Who fills out a 1099-MISC form? Among the numerous tax forms, the IRS will be expecting you to fill out a 1099-MISC form in two cases: you made payments to freelancers or independent contractors for business-related services totaling at least $600 within the year; ...