Reporting NEC With New 1099 Form 2020
Reporting NEC With New 1099 Form 2020: This tax session, millions of independent workers will receive 1099 NEC Form in the mail for the first time. Form 1099 NEC report non-employee compensation. Previously, businesses reported this income information on 1099 MISC box 7. File 1099 NEC online If you’re an independent contractor who has to …