![]() ![]() Here’s what changed and the effect it will have when you file your self-employment taxes. ![]() In short: the IRS decided to simplify an ongoing issue for businesses by reintroducing a form that fell out of favor in the 1980s. If you were self-employed in 2020, you may have received Form 1099-NEC, Nonemployee Compensation, instead of Form 1099-MISC you may have received in years past.
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