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Form 1099 MISC  Internal Revenue Service  Extension Iastate

Form 1099 MISC Internal Revenue Service Extension Iastate

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Video instructions and help with filling out and completing Form 1099 MISC Internal Revenue Service Extension Iastate

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Instructions and help about form 1099 2013

hey this is tax lady katie i want to talk real quick about this new form the 1099 nec [Music] people keep calling me and asking me what is this form have you seen it before and what should i do with it i'm here to tell you right now that the 1099 nec is basically the 1099-m form the 1099-m form is what everyone would receive prior to 2021. on that 1099 m form that's where your gig income was reported your compensation what you were paid whatever that may be would be listed on line one and that's the amount that you should list on your tax return also pay attention to line four that's where your taxes are withheld now most the time and rarely rarely occasion there'll be something listed there but still a good thing to pay attention to because if you did have taxes withheld online for you want to be able to get credit for the taxes that were paid in that goes for the same as for line five which is any taxes that were paid to the state government so

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