How to Prepare a 1099 for Attorney Fees and Settlements
MyCase
DECEMBER 20, 2024
Penalties for late or missing filings vary depending on the delay: Filing 30 days late: $60 per form, up to $630,500 annually ($220,500 for small businesses). Filing after 30 days but before August 1: $120 per form, with a maximum of $1,891,500 annually ($630,500 for small businesses).
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