Everything you need to know about Form 1099-NEC
Business Management Daily
JANUARY 23, 2022
The 1099-NEC is now used to report non-employee compensations. If you paid non-employees for work related to your business in 2021, you may need to give them a 1099-NEC. What Counts As Nonemployee Compensation? Medical and health care payments (box 6). Nonqualified deferred compensation (box 14).
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