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).

“Sole proprietors need to keep their own records because they aren’t necessarily going to get a 1099-NEC,” says Annette Nellen, professor and director of the San Jose State University ...

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 ...