Form 1099-nec Online For The Tax Year 2022

As mentioned, the 1099-NEC Form is a relatively new form used specifically to report non-employee compensation. The IRS currently describes this as payments to individuals not on payroll on a contracted basis to complete any such project or assignment. This could include independent contractors, gig workers, or self-employed individuals who previously had any payments to them reported on box 7 of a 1099-MISC form.

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