- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
When you say to another freelance individual, does that mean you are also a freelance individual? If so, then yes, you would need to file the 1099-NEC to deduct the payments made to the other freelance individual. A freelance individual is considered self-employed and treated as a business.
If this has nothing to do with you earning money (ex. homeowner hiring a contractor), then no, you would not issue a 1099-NEC.
**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"
‎January 8, 2024
3:51 PM