Gen is a new sole proprietor. By the end of January 2022, she needs to issue what document to any independent contractors to whom she paid $600 or more to do project work for her business? Form 1099-K, Payment Card and Third-Party Network Transactions. Form 1099-MISC, Miscellaneous Income. Form 1099-NEC, Nonemployee Compensation. Form W-2, Wage and Tax Statement.
Gen is a new sole proprietor. By the end of January 2022, she needs to issue what document to any independent contractors to whom she paid $600 or more to do project work for her business? Form 1099-K, Payment Card and Third-Party Network Transactions. Form 1099-MISC, Miscellaneous Income. Form 1099-NEC, Nonemployee Compensation. Form W-2, Wage and Tax Statement.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter11: Individuals As Employees And Proprietors
Section: Chapter Questions
Problem 35P
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Gen is a new sole proprietor. By the end of January 2022, she needs to issue what document to any independent contractors to whom she paid $600 or more to do project work for her business? Form 1099-K, Payment Card and Third-Party Network Transactions. Form 1099-MISC, Miscellaneous Income. Form 1099-NEC, Nonemployee Compensation. Form W-2, Wage and Tax Statement.
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