How to Prepare a 1099 for Attorney Fees and Settlements
MyCase
DECEMBER 20, 2024
When to Issue Form 1099 Form 1099 should be issued to: Contractors and service providers: If you paid a contractor or service provider over $600 during the calendar year for nonemployee compensation, such as fees for services rendered, you must issue Form 1099-NEC. This includes payments made by check, debit card, or ACH.
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