Tax documentation can be a complex landscape for employers, particularly when processing contractor payments during tax season. One important document is IRS Form 1096—it’s kind of like the ...

If you file Form 1099-NEC on paper, you must submit it with Form 1096, Annual Summary and Transmittal of U.S. Information Returns. However, this form isn't required if you file electronically.

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC, Nonemployee Compensation. The IRS has reintroduced Form 1099-NEC as the ... [+] new way to report self ...

1099-NEC and 1099-MISC (issued by the University to various independent contractors, attorneys, others) Form 1099-NEC is issued by the University to individuals that were paid for: Independent ...

That should tell you about each IRS Form 1099 issued to you. The 1099-NEC form tips off the IRS to collect self-employment taxes, in addition to income tax. In fact, apart from wages, whatever you ...