Request for Taxpayer Identification Number (TIN) and Certification. This form helps businesses receive key information from their vendors in order to prepare information returns for the IRS.1Businesses have to file information returns usingForm 1099-MISCwhenever they pay a freelancer...
Companies use the information to report to the IRS how much non-employee compensation they paid in a given tax year. Starting again with the 2020 tax year, companies will use Form 1099-NEC to provide that info. The form had been discontinued in 1982, withForm 1099-MISCtaking its place. C...