ACA
New Member

1099 NEC

Is the 1099 NEC not replacing the 1099 MISC for nonemployee compensation reporting? Why is this form not on TURBOTAX?

Business & farm

Looks like it's new for 2020.  Not this year 2019.

ACA
New Member

Business & farm

Ok. THANKS! 

Business & farm

Yep, found IRS page...beginning in 2020

https://www.irs.gov/instructions/i1099msc