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 ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
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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