It depends. Any business that makes nonemployee compensation payments totaling $600 or more to at least one payee or withholds federal income tax from a nonemployee’s payment, must file Form 1099-NEC. to report those payments and withholding.
Generally, payers need to file these forms by January 31 and have no automatic 30-day extensions to file unless the business meets certain hardship conditions.
You can use TurboTax to file Form 1099-NEC.
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