How to Complete IRS Form 1099-NEC for an Independent Contractor
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YouTubeJason D. Knott
How to Complete IRS Form 1099-NEC for an Independent Contractor
Form 1099-NEC is filed by individuals or entities that are engaged in trade or business and make payments to contractors in the ordinary course of their trade or business. The 1099-NEC reports nonemployee compensation to an individual or entity if the total payments exceed $600 during the tax year. Personal payments are NOT reportable. In this ...
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