Who should be given a 1099-MISC?
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Last modified 12/28/2021 1:53:09 AM EST
Applicable To
94X
1099
W-2
ACA
W-4
Non-employees who work for your business and services that were paid $600 or more must be given a 1099-MISC.
Here is the list of items for which you need to file and distribute a 1099-MISC:
- Payments of royalties of $10 or more during the year
- At least $600 in Rents
- Services performed by a non-employee (including parts and materials)
- Prizes and awards for non-employees
- Other income payments
- Medical and health care payments
- Proceeds from crop insurance
- Cash payments made for purchasing fish (or other aquatic life) from anyone engaged in the trade of catching fish
- Cash paid from a notional principal contract to an individual, partnership, or estate
- Payments of $600 or more paid to an attorney
- Any fishing boat proceeds