How Form 1099-NEC Replaces Box 7 on Form 1099-MISC for Tax Year 2020-2021
With Box 7 eliminated from Form 1099-MISC, the new Form 1099-NEC is where businesses have to report nonemployee compensations. As
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Home » Form 1099-NEC Replaces Box 7
With Box 7 eliminated from Form 1099-MISC, the new Form 1099-NEC is where businesses have to report nonemployee compensations. As
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with Tax1099 before April 30 to avoid penalties.