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All 22 Types of 1099 Tax Forms, and How to Know Which Ones You'll Get
but this was discontinued in 2020 when Form 1099-NEC was reintroduced. Because the MISC has turned into an actual miscellaneous category now and no longer includes compensation, "there's not much ...
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IRS Form 1099-NEC Means Extra Taxes
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, Nonemployee Compensation. The IRS has ...
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Get a Head Start on Your Taxes: Here Are the Documents You Need to Collect Before Filing
Starting in 2020, 1099-NEC is now the standard form for "non-employee compensation," while 1099-MISC is reserved for miscellaneous income like awards, prizes and rent. If you received Social ...