You are responsible for filing Form 1099-NEC and friend is responsible for reporting the income.
File as soon as possible. The penalty for late filing varies from $50 to $270 per form, depending on how long past the deadline the business issues the form. There is a $556,500 maximum in fines per year.
Penalties for Missing the 1099-NEC or 1099-MISC Deadline
You can buy blank copies at an office supply store. There are many online services, including TurboTax Quick Employer Forms.
Quick Employer Forms is only available to users of TurboTax Business or Home and Business for your desktop computer, or TurboTax Online Self Employed or TurboTax Live.
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