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How to file a 1099 for contractors
Hey want to know something important for business that basically no streamer does? You’re supposed to file a 1099-MISC for any contractor you paid more than $600 in a year. That emote artist? Yup. Your manager? Yup. Your lawyer? Yes, but on the 1099-NEC. Housekeeping EIN: Employer Identification Number. The thing you want to do a free filing for so you don’t have to give your contractors your Social Security Number. W-9: The form you should have sent your contractors to get their official information including Taxpayer Identification Number (TIN), address, and legal name. When do you need to file a 1099 I kind of spoiled it in the introduction, but you’re supposed to file a 1099-MISC for any contractor you pay more than $600. You could also do it…