When businesses pay a nonemployee, such as a freelancer or independent contractor, $600 or more in a year, they must file Form 1099-NEC ... Revenue Service. "Instructions for the Requester ...
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 ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have ...