WHAT'S NEW (or isn't) FOR 2024: - There was no change to the payment threshold for the requirement to prepare Form 1099-NEC (a proposal was passed in the house, but did not clear the Senate).

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.

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

24% Collection of W-9 Form from all potential vendors in which a Form 1099-MISC or 1099-NEC may be required. 1099 Series forms will be sent to all recipients by January 31.

1099-NEC and 1099-MISC (issued by the University to various independent contractors, attorneys, others) Form 1099-NEC is issued by the University to individuals that were paid for: Independent ...

Jumpstart your taxes with last year’s info. Snap a photo of your W-2 or 1099-NEC and TurboTax will put your info in the right places. CompleteCheck™ scans your return so you can be confident ...