🚨 Tax Form 1099-Misc Explained | What Is IRS Form 1099-Misc

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[@deepshah92]

Thanks for the video...Its very informative! One more point to add is that the 1099 NEC and MISC is issued to those who are in the US only. As I'm from India and have been working with the US clients wherein I was under the impression that the 1099 will be issued to the international contractors as well which is not the case.

[@peetfj]

As an elderly person, which form would I submit for a caregiver that comes to my home to assist? NEC or MISC? I have obviously missed the Jan 31st deadline.

[@dirkdigler9336]

Will you be covering 1099K and has it been delayed for 2023 as it was for 2022?

[@Littleybrid]

How is the 1099 Misc different from W9 form? Which is appropriate?

[@deepshah92]

Form 1099 reports all the payments made during the tax year whereas W9 provides basic information of the service provider such as Vendor name, Doing Business As, Address, FEIN

[@Littleybrid]

W9 provides only info about the payee, no $ amount. Got it.

[@alexdavidson7785]

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