This dual-filing deadline confused many payers. Form 1099-NEC is one of many 1099 tax forms, including 1099-MISC for miscellaneous income, 1099-INT for interest income, and 1099-DIV for dividend ...

SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January 31 to avoid costly penalties.

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ROCK ...

Generally, the most common type of form used by self-employed individuals and other small business owners is the 1099-NEC (nonemployee compensation), which covers payments for work as an ...

Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099 ...

particularly because some taxpayers might get a 1099-NEC and a 1099-K for the same income. You'll only need to report your income once, even if you receive a tax form from the company you worked ...