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Form 1099-NEC - Nonemployee Compensation

Get to know about the Form 1099-NEC

2020 Form 1099-nec

IRS Form 1099-NEC - Overview

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

The IRS has introduced Form 1099-NEC again, after 1982, in order to avoid the confusion in deadlines for filing Form 1099-MISC. Form 1099-NEC must be filed to report nonemployee compensation paid in a year, which has been reported in Box 7 of 1099-MISC.

Read on to learn more about Form 1099-NEC. Following are the topics covered in this article: