Form 1099-NEC is an information return that a. reports pre-tax salary reductions....
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Accounting
Form NEC is an information return that
a reports pretax salary reductions.
b reports compensation paid to nonemployees, for fish purchased from someone in the trade of fishing and certain payments to an attorney; it also reports backup withholding.
c reports Federal income taxes withheld during the quarter.
d confirms that an employee is qualified under the HIRE act.
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