Hal_Al
Level 15

Investors & landlords

Q. I am realizing the company sent me a 1099-NEC, does this change anything?

A.  Yes, it makes choice #2 above better,

 

The IRS considers anything on a form 1099-NEC to be self employment income. So, your chances of hearing from the IRS went up a little.

 

Ask the "company" why they sent a 1099-NEC.