Form 1099-NEC only has one filing deadline, which is Jan. 31. If you're a freelancer or independent contractor, you should receive your 1099-NEC by this date.

Do Employers Send Form 1099 to IRS? According to the writers at Bench, independent contractors do not file 1099-NEC forms; this is the employer's responsibility.

How to File Form 1099-NEC When filing Form 1099-NEC, there will be a Copy A and a Copy B. Copy A is only for informational purposes and should not be printed and filed, according to the IRS. Only ...

All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January 31 to avoid costly penalties. Follow these four Form 1099-NEC ...

The software automatically tracks any payments made to vendors and contractors and will generate Forms 1099-NEC and 1099-MISC. You can also e-file these forms directly with the IRS.

Besides the filing of the 1099-NEC form, you will also need to have the payee fill out and sign a Form W-9.

2 – New Form 1099-NEC — The new 1099-NEC is now available on the site, which replaces the 1099-MISC box 7 for reporting non-employee compensation (NEC) for independent contractors.

Halfpricesoft.com, a leading provider of small business payroll and tax software, announces the release of ezW2 2024, a comprehensive tax preparation solution designed to simplify W-2 and 1099 filing.

Despite COVID-19, the Internal Revenue Service is continuing forward with moving 1099-MISC Box 7, “Non-Employee Compensation” to a new form, the 1099-NEC. This is effective starting this tax year, ...