1099-NEC Independent Contractor Reporting

Businesses must file Form 1099-NEC for each non-employee paid $600 or more during the year. Provide copies to recipients by January 31 and file with the IRS by January 31. Failure to file triggers penalties of $60–$630 per form.

Source Agency
IRS

Last Verified
March 1, 2026

Next Review
May 30, 2026

View Official Source ↗

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