- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
For tax year 2020 and forward, the 1099-NEC has been resurrected to replace the 1099-MISC to report Non-Employee Compensation.
As the recipient, you would treat this and report this form as you had the 1099-MISC in years past. It will be reported as Self-Employment income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 14, 2021
6:23 PM