1099MISC Form 2020 – What You Need To Know
Changes to the 1099MISC Historically, the 1099MISC was used to report Nonemployee Compensation. In 2020, the Nonemployee Compensation Box is being removed and moved to its own form, 1099NEC. This form was discontinued in the 1980s, but is being resurrected to make reporting nonemployee compensation easier and more efficient. The 1099MISC will have minimal changes [...]
