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1099-NEC vs.1099-MISC: What's the Difference?

YouTubeIntuit QuickBooks

1099-NEC vs.1099-MISC: What's the Difference?

With recent changes from the IRS, 1099-NEC is exclusively for non-employee compensation, while 1099-MISC is used to report other types of income. Both forms 1099-MISC and 1099-NEC are used to report income received by non-employees or independent contractors, but which one is right for you? Subscribe to our YouTube channel: http://intuit.me ...

8.3K viewsMar 1, 2024

Nec Code Changes

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