The National Directory of Certified Public Accountants

Ask A CPA - Bookkeeping & Write-up

What Types Of Payments Would Require A Form 1099-MISC To Be Issued?

Generally, payments of $600 or more to workers not treated as your employee, rent payments of $600 or more per year, prizes and awards of $600 or more, and Royalty payments of $10 or more per year.

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