Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
Internal Revenue Service. "General Instructions for Certain Information Returns," Pages 26-28. Internal Revenue Service. "Am I Required to File a Form 1099 or Other Information Return?" ...
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