Filling out a 1099-NEC form: Step-by-step instructions Once you’ve determined who your independent contractors are and you feel confident your books are in order, you can begincompleting a 1099-NEC. We’ll walk you through this step by step so you can ensure proper taxation. A step by ...
Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions Unemployment income reported on a 1099-G Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers) Stock sales...