What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...
Income from prizes and awards is an example of what goes on a 1099-MISC. (Learn more about the 1099-MISC.) In 2020, the IRS reintroduced the 1099-NEC, which companies now use to report money paid ...
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