Hello, I’m a freelance artist myself and I’m paying another freelancer for their services. Since the payment is over $600, I read that I apparently need to fill out a 1099-NEC form. I’m wondering if I can just send the payment through PayPal as goods and services and list the deduction on my schedule C as contract labor instead as I’m not great at filling out forms. Thank you!
Need some help regarding 1099-NEC form
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Posted by RevenueKey9950
1 Comment
The filing of a 1099 in this case is mandatory I’m afraid. If you need support you can find an EA or CPA for help, given this is a relatively small task you should find a good price