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  2. Form 1099 - Wikipedia

    en.wikipedia.org/wiki/Form_1099

    For some variants of Form 1099, for example, no filing is required for payees who receive less than $600 from the payer during the applicable year. For Form 1099-NEC in particular, businesses are required to submit a form for every contractor paid more than $600 for services during a year.

  3. Who Needs a 1099? A Guide to Issuing 1099 Tax Forms - AOL

    www.aol.com/finance/needs-1099-guide-issuing...

    Then in 2020, the IRS introduced Form 1099-NEC (non-employee compensation). You’ll issue Form 1099-NEC if you paid any non-employee $600 or more to perform services for your business.

  4. Form 1099-MISC vs. 1099-NEC: Which Do I Need For Taxes? - AOL

    www.aol.com/finance/form-1099-misc-vs-1099...

    While Form 1099-MISC is used to report … Continue reading → The post Form 1099-MISC vs. 1099-NEC appeared first on SmartAsset Blog. Form 1099-MISC vs. 1099-NEC: Which Do I Need For Taxes?

  5. How to Issue Form 1099 - AOL

    www.aol.com/finance/issue-form-1099-040000389.html

    The IRS currently has 21 different versions of Form 1099, but the two primary types you need to know are the 1099-MISC and the 1099-NEC. You need to fill out Form 1099-MISC if you paid more than ...

  6. Independent contracting in the United States - Wikipedia

    en.wikipedia.org/wiki/Independent_contracting_in...

    In the United States, any company or organization engaged in a trade or business that pays more than $600 to an independent contractor in one year is required to report this to the Internal Revenue Service (IRS) as well as to the contractor, using Form 1099-NEC. This form includes the money paid, contractor's name, social security number ...

  7. How To File Taxes for Multiple Income Streams - AOL

    www.aol.com/file-taxes-multiple-income-streams...

    Form 1099-NEC: This form will also report any income you made from a company where you’re not an employee and haven’t had taxes withheld. This is what freelancers and independent contractors ...

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