qbteachmt
Level 15
03-01-2021
12:49 PM
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It's an Informational form. The client has it because they got paid for something they did for someone else, and they might even have made $3million from payments from lots of people for that same thing. The 1099-NEC was issued because someone paid them at least $600.
So, you figure out what that is for them and their tax return: Sched C? Farming?
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Don't yell at us; we're volunteers