Form 1099-NEC (Box 1)

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf tax form field
gptkbp:appliesTo independent contractors
self-employed individuals
freelancers
gptkbp:currency gptkb:USD
gptkbp:filingDeadline January 31
https://www.w3.org/2000/01/rdf-schema#label Form 1099-NEC (Box 1)
gptkbp:introducedIn 2020 tax year
gptkbp:partOf gptkb:Form_1099-NEC
gptkbp:replacedBy gptkb:Form_1099-MISC_(Box_7)
gptkbp:reportsTo gptkb:IRS
businesses
recipient
total nonemployee compensation paid
gptkbp:requires gptkb:Internal_Revenue_Service
gptkbp:threshold $600 or more
gptkbp:usedFor reporting nonemployee compensation
gptkbp:bfsParent gptkb:Form_1099-MISC_(Box_7)
gptkbp:bfsLayer 7