“Sole proprietors need to keep their own records because they aren’t necessarily going to get a 1099-NEC,” says Annette Nellen, professor and director of the graduate tax program at San Jose ...
but the two primary types you need to know are the 1099-MISC and the 1099-NEC. You need to fill out Form 1099-MISC if you paid more than $600 in the following: Rent. Prize winnings. Attorney fees.
Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...
Once this rule takes effect, you may still receive individual 1099-NEC forms if you were paid through direct deposit, check or cash. If you have multiple clients who pay you through PayPal ...
You can also snap a photo of your 1099-NEC or import it directly into H&R Block ... brings over all your Uber income (1099-K, 1099-MISC) so you don't have to manually do it.
or a Form 1099-MISC, Miscellaneous Information, with the bonus amount listed on it. You'll use this form to report the bonus ...