1099 Form for 2020 and 2021

What is a 1099 Form?

The 1099 Form serves a similar purpose to the familiar W2 Form. Individuals may receive 1099 forms in the mail from banks reporting their interest earnings, or from companies for contracting work.

Who must file a 1099 Form?

If you are a business who has paid independent contractors or other non-employee workers, you must file a 1099 Form. However, a 1099 Form is only required if the payment is $600 or above.

Types of Form 1099

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