Closeup of Form 1099-NEC, Nonemployee Compensation ... IRS Forms 1099 arrived around the end of January 2023 for 2022 payments. The IRS likes these forms, which allow computer matching of your ...

That’s the most generic income category. Or, the client paying a bill might issue a Form 1099-NEC, the new form for payments to independent contractors for services. If you receive the new NEC ...

For your 2022 tax return (if you haven't filed yet ... that $650 sale would be far too small to trigger the IRS reporting form. The IRS 1099-NEC form is used now instead of the 1099-MISC.