Category: 1099’s. 1099-K, 1099-NEC

  • Got 1099?

    A 1099 is an income reporting document filed with the IRS to report payments made to others. It essentially acts as a tax receipt, if you have not filed one for payments to contractors and you are audited you may be denied the deduction. 1099’s are generally sent by businesses using contractors for services, landlords…