Starting for 2020, expect to receive a Form 1099-NEC instead of a Form 1099-MISC to report income you received as a consultant or independent contractor during the year. The due date for businesses to issue 1099s to their contractors who earned more than $600 during 2020 is 1/31/21.

More info is available at: https://www.irs.gov/instructions/i1099msc

!-- Global site tag (gtag.js) - Google Analytics --