You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
When businesses pay a nonemployee, such as a freelancer or independent contractor, $600 or more in a year, they must file Form 1099-NEC, which is ... could be asked to fill out a W-9 include ...
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 ... a new free online portal, for businesses to file their ...
A 1099 form is a record that ... 1099 workers are generally asked to fill out a W-9 at the start of a new work relationship or contract. If you get a 1099-NEC from your employer, that's a sign ...