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IMPORTANT: New 1099-MISC Requirements
More than 70% of filers in 2019 reported information (non-employee compensation) in Box 7 of form 1099-MISC. This year, the IRS is requiring those filers to use form 1099-NEC instead of 1099-MISC. If you need to report non-employee compensation for tax year 2020 call 855-209-8701 to order This Corresponding Form or to speak with a filing expert at nelco.