Answered

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A taxpayer pays for two people to work for him on a contract basis during the year. The first only works for a few days and is paid a total of $200. The second works for a few months and makes $6,500. Which forms, and how many of them, is the taxpayer required to file with the IRS and give to the contractors? (Not "can" they give, but are "required" to file.)
a. Two Form(s) 1099-NEC
b. Two Form(s) 1099-MISC
c. One Form 1099-MISC and one Form 1099-NEC
d. One Form 1099-NEC

Sagot :

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