New 1099 NEC


Which 1099 form will you need for 2020?


The new 1099-NEC forms for reporting payments of $600 or more to:

  • Non-employees (contractors)



1099-MISC forms for reporting other miscellaneous payments of $600 or more for:

  • Rents

  • Royalties

  • Other income

  • Fishing boat proceeds

  • Medical and health care payments

  • Substitute payments in lieu of dividends or interest

  • Crop insurance proceeds

  • Gross proceeds paid to an attorney

  • Excess golden parachute payments

  • Non-qualified deferred compensation

0 views

©2018 by Seattle Controller