1099-NEC

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:tax_law
gptkbp:compatibleWith employee wages
personal payments
gptkbp:dueDateToIRS January 31
gptkbp:dueDateToRecipient January 31
gptkbp:filingDate gptkb:IRS
businesses
self-employed individuals
state tax agencies
https://www.w3.org/2000/01/rdf-schema#label 1099-NEC
gptkbp:introducedIn 2020 tax year
gptkbp:issuedBy gptkb:Internal_Revenue_Service
gptkbp:officialWebsite https://www.irs.gov/forms-pubs/about-form-1099-nec
gptkbp:publicLawNumber gptkb:1099-NEC
gptkbp:relatedTo gptkb:Form_1099-MISC
gptkb:Form_W-9
gptkbp:replacedBy gptkb:Box_7_of_Form_1099-MISC
gptkbp:requires payments of $600 or more to nonemployees
gptkbp:usedBy independent contractors
freelancers
gig workers
gptkbp:usedFor reporting nonemployee compensation
gptkbp:bfsParent gptkb:IRS_Form_1099-NEC
gptkbp:bfsLayer 6