Yes, a 1099-NEC. Barter is the exchange of goods or services without the payment of money. When barter occurs in the course of a trade or business, the following rules apply.
- The fair market value of goods and services received must be included in business income in the year of receipt and is subject to self-employment tax.
- Associated expenses are deductible as business expenses.
- Bartering income is subject to 1099 reporting requirements.
- Barter exchanges report trades on Form 1099-B,Proceeds From Broker and Barter Exchange Transactions. Topic No. 420 Bartering Income | Internal Revenue Service
You did not use a barter exchange service so you need only file the 1099-NEC.
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