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Report your independent contractor payments with confidence on Form 1099-NEC. The Internal Revenue Service (IRS) requires that businesses file Form 1099-NEC to record payments made to independent contractors. The new form replaces using Form 1099-MISC for these types of payments.Do I need to issue 1099 NEC?
The basic rule is that you must file a 1099-NEC form with the IRS if you pay an unincorporated independent contractor $600 or more during a year for rental-related services. It makes no difference whether the sum was one payment for a single job or the total of many small payments for multiple jobs.