Forms 1099-MISC and 1099-NEC

November 9, 2020

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As we prepare for 2020 filing of 1099-MISC and 1099-NEC, can you provide direction on the following; Q - Assuming that there have been no changes to recipient 2019 filing for our vendors and services they provided, can we assume that for 2020 filing they would all be filed on a 1099-NEC box 1? Q - Is there any scenario where a vendor might need to be sent a 1099-MISC and 1099-NEC? Q - How would an individual be reported if they were an employee during 2020 and later became an independent…

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