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Regarding the 1099-misc, please advise whether we are supposed include rent and attorney fees in box 7 and in their
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Liz is All Biz on Instagram: "1099 Forms: NEC vs. Misc Explained 📑🔍 Just a quick check-in for those managing your 1099s this year. There are two main types of 1099 forms to be aware of: 1. 1099-NEC: This is for non-employee compensation. If you're paying someone for services, this is likely the form you'll use. 2. 1099-MISC: Previously used for services, but now mainly for lawyers. Only use this if you're 1099-ing a lawyer. If you're handling them yourself, remember to use the 1099-NEC for non
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