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Get your taxes done using TurboTax
@roperwin1544 When you receive the 2020 1099 for "non-employee compensation" is will not look like it did before. No longer will it be on a 1099-MISC in box 7 - it will be on a new 2020 1099-NEC form that the IRS is still working on and has not released yet. There are a LOT of tax form changes for 2020 and the IRS is very slow to finalize them.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎December 6, 2020
2:18 PM