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Form 1099-MISC Changes for the
2020 Tax Year

Get to know the changes in Form 1099-MISC
for 2020.

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2020 Form 1099-misc

Changes in Form 1099-MISC for the 2020 Tax Year

Updated on November 25, 2020 - 10:30 AM by Admin, ExpressEfile Team

The IRS has revised Form 1099-MISC for the 2020 tax year as a new separate form, Form 1099-NEC, has been introduced to report nonemployee compensation paid to nonemployees, i.e., independent contractors.

Read on to learn more about Form 1099-MISC changes made by the IRS for the 2020 tax year.