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IRS FORM 1099-NEC · NONEMPLOYEE PAY

Report what you paid your contractors.

When your business pays an independent contractor or freelancer for their work, you report it to the IRS on Form 1099-NEC, and you send the contractor a copy so they can report the same income. It covers people who are not on your payroll. A recent law raised the amount that triggers it, so fewer small payments now need a form. We track who crossed the threshold and file for each one.

one per contractor · due end of January · accuracy verified July 2026
What Form 1099-NEC is

The contractor's version of a W-2.

Form 1099-NEC reports nonemployee compensation: the money your business paid to people who worked for you but were not employees, such as freelancers, independent contractors, and outside professionals. It does the same job for a contractor that a W-2 does for an employee, with one big difference. You did not withhold tax from a contractor's pay, so the form simply tells the IRS what you paid and tells the contractor to report it. You send one copy to the IRS and one to the contractor. If you also paid someone rent, royalties, or other kinds of income, that goes on a different form, the 1099-MISC; the NEC is specifically for paying people for their services.

BosAI I check which contractors you paid enough to cross the threshold, match each one to the W-9 you collected, and file the NEC with the IRS and the contractor. I help you file accurately; I do not give tax advice. Meet BosAI →
2K
dollar threshold for 2026 payments
31 Jan
due to the IRS and the contractor
1 per
contractor over the threshold
4.9/5
from 8,200+ founders
What you file

One statement per contractor, to two places.

Each contractor who crossed the threshold gets their own 1099-NEC, and each one travels to both the IRS and the contractor.

Your contractor filingPrepared from your records and the W-9 on file
  • Form 1099-NEC, one per contractor. The total you paid each nonemployee for services during the year, in Box 1.
  • Copy A for the IRS. Transmitted electronically, with the Form 1096 summary when a paper filing is used instead.
  • Copy B for the contractor. Sent to each contractor so they can report the income on their own return.
  • A matched, filed record. Each form tied back to the contractor's W-9 and confirmed as accepted, kept with your books.
Who files it

For the people you paid to do work.

A 1099-NEC is triggered by paying a nonemployee for services in the course of your business, above the threshold. Several common payments look like they should get one but do not.

Gets a 1099-NEC
  • Independent contractors and freelancers you paid at or above the threshold for services
  • Outside professionals such as designers, writers, developers, and consultants
  • Attorneys your business paid for legal services, in most cases
  • A person or unincorporated business you hired to do work for your company
Does not get a 1099-NEC
  • Your own employees, who get a Form W-2 instead
  • Contractors you paid below the reporting threshold for the year
  • Most payments to a corporation, with limited exceptions such as legal fees
  • Rent, royalties, or other income, which belong on a Form 1099-MISC
  • Payments made by credit card or a payment app, which the processor reports instead

Collect a Form W-9 from every contractor before you pay them. It gives you the exact name and taxpayer number you will need to file, long before the January rush.

Threshold, deadlines, and penalties

A higher threshold, the same firm deadline.

These figures are verified against current IRS guidance and the law that changed the threshold. The reporting amount went up, but the January 31 deadline to both the IRS and the contractor did not move, and unlike some forms there is no automatic extension.

Form 1099-NEC at a glanceVerified against IRS guidance
Accuracy verified · July 2026
Reporting threshold
For payments you make in 2026 and later, you file a 1099-NEC for each nonemployee you pay 2,000 dollars or more during the year. That amount was raised from 600 dollars by a 2025 law and will be adjusted for inflation in later years. For 2025 payments, reported in early 2026, the 600-dollar threshold still applied.
Filing deadline
January 31, to the IRS and to the contractor, whether you file on paper or electronically. When the 31st falls on a weekend, the deadline moves to the next business day.
Electronic filing
If you file 10 or more information returns of all types combined in the year, counting 1099s, W-2s, and others together, you generally must file electronically.
Late or incorrect forms
The penalty rises the longer you wait: about 60 dollars per form if fixed within 30 days, about 130 dollars per form if filed by August 1, and about 340 dollars per form after that. It can apply twice, once for the IRS copy and once for the contractor copy.
Intentional disregard
Knowingly failing to file a correct 1099-NEC carries a penalty of at least 680 dollars per form for 2026, with no maximum.
Extensions
There is no automatic extension for the 1099-NEC. A short extension of time to file with the IRS may be requested on Form 8809 only in limited cases, and it does not extend the deadline to give the contractor their copy.

The threshold and the penalty amounts are adjusted for inflation. We confirm the current figures before every filing season.

How filing works

From payments to filed forms.

  1. 1
    Total each contractor for the year

    We add up what you paid every nonemployee and flag the ones who crossed the reporting threshold.

  2. 2
    Match to the W-9 on file

    Each form is built from the contractor's W-9, so the name and taxpayer number are exactly what the IRS expects.

  3. 3
    File with the IRS and send Copy B

    We e-file the IRS copy and deliver each contractor their statement by the January deadline.

  4. 4
    Confirm and keep the record

    You get confirmation each form was accepted, filed with your books for the year.

Why File.Business

The name and number have to match.

A 1099 with a name and taxpayer number that do not match IRS records draws a notice and can lead to backup withholding. We build every form from the W-9 you collected, so the details line up the first time.

Built from the W-9

Each form uses the contractor's own reported name and taxpayer number, so the IRS match holds.

Ahead of the January deadline

We flag your due date early and deliver both the IRS copy and the contractor copy on time.

Only the forms you owe

We apply the current threshold so you do not file for contractors who fall below it.

Clear, flat pricing

You see the price per form before you file, with no surprise add-ons. See pricing →

Questions and references

Form 1099-NEC, answered.

How much do I have to pay a contractor before I file?

For payments made in 2026 and later, the threshold is 2,000 dollars to a single nonemployee for the year. It was 600 dollars for earlier years and was raised by a 2025 law, with inflation adjustments to follow. If you paid a contractor less than the threshold, no form is required, though the contractor still owes tax on the income.

What is the difference between the 1099-NEC and the 1099-MISC?

The 1099-NEC reports paying a nonemployee for services, meaning work. The 1099-MISC reports other kinds of payments such as rent, prizes, and royalties. Since 2020 the NEC has its own form separate from the MISC.

When is the 1099-NEC due?

January 31, to both the IRS and the contractor. When the 31st lands on a weekend, the deadline moves to the next business day. There is no automatic extension, so it pays to have your W-9s in hand early.

Do I file one for a contractor set up as a corporation?

Usually no. Payments to a corporation are generally exempt from 1099-NEC reporting. The most common exception is payments to an attorney for legal services, which are reported even when the firm is incorporated. Workers on your payroll get a Form W-2 instead; see W-2 vs 1099-NEC. The contractor's W-9 tells you how they are set up.

What if I do not have the contractor's taxpayer number?

You need it to file a correct form, which is why the Form W-9 comes first. If a contractor will not provide one, backup withholding rules can apply. We flag any contractor missing a W-9 well before the deadline.

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