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Box 7 used to be for nonemployee compensation and that changed in 2020.
Now, you would use Form 1099-NEC if you would have previously had an amount that was entered in Box 7 of Form 1099-MISC.
Box 7 used to be for nonemployee compensation and that changed in 2020.
Now, you would use Form 1099-NEC if you would have previously had an amount that was entered in Box 7 of Form 1099-MISC.
