2024 Form 1099-NEC Filing: Key Facts for the Upcoming Tax Season
2024 Forms 1099-NEC are due to contractors and the IRS by Jan. 31, 2025. If you paid an independent contractor $600 or more, report this amount in Box 1 of Form 1099-NEC. If you withheld any backup withholding, enter this amount in Box 4 of the form. Remember to file Form 945 with the IRS … Read more