1099-NEC vs 1099-K — which one do my contractors get?1099s & Contractors
Pay via cash/check/ACH → you issue 1099-NEC. Pay via card/PayPal → the processor issues 1099-K. Don't double-report.
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Pay via cash/check/ACH → you issue 1099-NEC. Pay via card/PayPal → the processor issues 1099-K. Don't double-report.