IRS Adds Form 1099-NEC (Non-Employee Compensation) to Year-End Employer Report Forms

IRS Adds Form 1099-NEC (Non-Employee Compensation) to Year-End Employer Report Forms

What is Form 1099-NEC Form 1099-NEC is an old form (originally discontinued in 1982) that will separate the reporting of payments to non-employees by a company. It will be used to report any Non-Employee Compensation in lieu of the 1099-MISC form. The Form 1099-MISC...

IRS Adds Form 1099-NEC (Non-Employee Compensation) to Year-End Employer Report Forms

What is Form 1099-NEC Form 1099-NEC is an old form (originally discontinued in 1982) that will separate the reporting of payments to non-employees by a company. It will be used to report any Non-Employee Compensation in lieu of the 1099-MISC form. The Form 1099-MISC...