VO-BB - 19 YEARS OLD! Forum Index VO-BB - 19 YEARS OLD!
Where A.I. is a four-letter word.
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

IRS form 1099-NEC replaces 1099-MISC for contractors

 
Post new topic   Reply to topic    VO-BB - 19 YEARS OLD! Forum Index -> Chat
View previous topic :: View next topic  
Author Message
Mike Harrison
M&M


Joined: 03 Nov 2007
Posts: 2029
Location: Equidistant from New York City and Philadelphia, along the NJ Shore

PostPosted: Tue Aug 09, 2022 11:30 am    Post subject: IRS form 1099-NEC replaces 1099-MISC for contractors Reply with quote

This change was made in 2020, apparently, but I just learned today that the IRS has resurrected an old form for reporting the income of independent contractors. Earnings will appear on the form 1099-NEC in box 1: "Nonemployee compensation."

My tax guy says not to be surprised if we still receive a 1099-MISC; the income reported on each form is assessed the same way.
_________________
Mike
Male Voice Over Talent
I have taken leave of my sensors.

Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    VO-BB - 19 YEARS OLD! Forum Index -> Chat All times are GMT - 7 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group