![]() ![]() From a company’s perspective, nonemployee compensation constitutes any remuneration you pay to a worker who you classify as an independent contractor rather than as an employee. The NEC in Form 1099-NEC stands for nonemployee compensation. Globalization Partners helps you with your payroll needs.What are the filing deadlines for Form 1099-NEC and 1099-MISC?.Do businesses have to file both 1099-MISC and 1099-NEC?. ![]() How to file Form 1099-NEC for independent contractors.
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