What is Form 1099-MISC?
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Last modified 10/12/2023 4:39:47 AM EST |
Added by TaxBandits Team
Applicable To
94X
1099
W-2
ACA
W-4
Form 1099-MISC is an IRS tax form used by businesses and other organizations to report miscellaneous payments made to other self-employed people (individuals or non-corporate entities) for services rendered.
The types of payments that may be reported on a Form 1099-MISC include
- Rent payments
- Royalties
- Medical and health care payments
- Prizes and awards
- Payments to attorneys
- Other types of miscellaneous income
To learn more about IRS Form 1099-MISC, click here.