Your quick start to managing 1099 and W-9 forms
1099-NEC Form
Report payments of $600 or more to freelancers and contractors who provided services to your business during the tax year.
1099-MISC Form
Report various types of business payments over $600 including rent, royalties, prizes, and other income payments that aren't for services.
W-9 Form
Securely collect and verify taxpayer identification numbers and business information from vendors and contractors before issuing 1099 forms.
