I have several rental properties and hire contractors from time to time and pay them through cash app payments. Should I send them 1099 form when I pay them over $600?
It would be appropriate to give your subcontractors a 1099 NEC for any service they provided. The 1099 NEC would be inlieu of a 1099 K but is more to the point since a 1099 K could be issue for any payment over $600. It is certainly your option to do either.
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