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1099-NEC boxes 5-7
I am an independent contractor who lives in WA state and works remotely for a company in Kansas City MO.
I do analysis work for an IT company
The company who pays me is a recruiting firm in KS.
Last year...only box 1 on my 1099-NEC had my full nonemployee compensation listed in it. I believe this was accurate
This year...they added WA in Box 6 and my full compensation amount Box 7 (along with my full compensation being listed in Box 1).
I believe this is wrong. The company I work for thinks they should have been doing this all along.
Are they right????
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‎January 31, 2025
11:41 AM