1099 Misc Tax Form 2019
What is the 1099 MISC 2019 Form?
The 1099 MISC 2019 form is used to report the income of those non-employees who were paid $600 or more by the employer in the previous year. They may be freelancers, handymen, independent contractors or anyone else who provided some service to the company but not listed in the payroll.
As they are not permanent employees, the owner is not obligated to provide them with benefits (including insurance) or withhold their taxes. Along with the basic info of the contractor, the 1099 MISC 2019 form contains a lot of other fields like rent, royalties, prizes, etc.
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