Tagged: 1099 forms explained

1099 vs 1099-MISC: What’s the Difference?

Confused about 1099 vs 1099-MISC? Here is a simple explanation of the difference and when to use each form. The term “1099” is often used broadly, but Form 1099-MISC is a specific IRS form...

1099 vs 1099-NEC: What’s the Difference?

Confused about 1099 vs 1099-NEC? Here’s a simple explanation of the difference and when to use each form. The terms “1099” and “1099-NEC” are often used interchangeably, but they are not the same. This...