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Understand payment categories for the 1099-MISC and 1099-NEC
If you pay contractors or vendors, you might need to issue them a 1099 form. The two most common forms for contractors or vendors are Form 1099-NEC, Nonemployee Compensation and Form 1099-MISC, Miscellaneous Information. For your convenience, we’ve listed the boxes from each form.
For most businesses, the correct and most common category to use is Box 1 - Nonemployee Compensation on the 1099-NEC.
For more details: For complete details about each box, or if you’re not sure what payment types you made, review the IRS’s instructions for Forms 1099-MISC and 1099-NEC.
Looking for what's new this year, review the instructions for the 1099-MISC and 1099-NEC.
| If you have 10 or more combined 1099s, W-2s, or other federal forms to file, you must file them electronically. To learn more, see IRS and Treasury issue final regulations on e-file for businesses. |
1099-NEC boxes
Nonemployee compensation (Box 1)
Payer made direct sales totaling $5,000 or more of consumer products to recipient for resale (Box 2)
Excess golden parachute payments (Box 3)
Federal income tax withheld (Box 4)
State information (Boxes 5-7)
1099-MISC
Rents (Box 1)
Royalties (Box 2)
Other income (Box 3)
Federal income tax withheld (Box 4)
Fishing boat proceeds (Box 5)
Medical and health care payments (Box 6)
Payer made direct sales totaling $5,000 or more of consumer products to recipient for resale (Box 7)
Substitute payments in lieu of dividends or interest (Box 8)
Crop insurance proceeds (Box 9)
Gross proceeds paid to an attorney (Box 10)
Fish purchased for resale (Box 11)
Section 409A deferrals (Box 12)
FATCA filing requirement checkbox (Box 13)
Nonqualified deferred compensation (Box 15)
State information (Boxes 16-18)
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