1099 Update Notes

Form 1099: the Latest Changes The 1099-MISC and 1099-NEC forms are used by businesses and individuals to report income received from non-employment sources, such as freelance work or rent. In recent years, the IRS has made significant changes to these forms, including introducing the 1099-NEC form. The 1099-MISC form has long b...

1/16/2024

How to File Form 1099-MISC Online? Filling out the IRS 1099-MISC form online can seem daunting, but it can be a straightforward process with a step-by-step guide and some attention to detail. Here is a guide to help you complete the form correctly: Gather necessary information: Before you begin filling out the form, you'll need to g...

1/15/2024

Filling Out the 1099-NEC Form Guide A 1099-NEC form is a new form introduced by the IRS in 2020, specifically for reporting non-employment compensation. While the form can be filed electronically, some businesses and individuals may choose to file a paper version of the form. Here is a review of the printable 1099-NEC form and a guide...

1/12/2024

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