1099-MISC Form

Business, Legal & Accounting Glossary

Definition: 1099-MISC Form

1099-MISC Form

Full Definition of 1099-MISC Form

Miscellaneous Income. This form is used to report the year-end summary of all non-employee compensation. This form covers a variety of types of income, including royalties, rent, self-employment, and independent contractor income. It also includes crop insurance proceeds and other types of miscellaneous income. Any employer or contractee that pays a freelancer or independent contractor at least $600 during a year must issue this form by January 31 of the following year.

Cite Term

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Page URL
Modern Language Association (MLA):
1099-MISC Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/1099-misc-form/.
Chicago Manual of Style (CMS):
1099-MISC Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/1099-misc-form/ (accessed: December 07, 2021).
American Psychological Association (APA):
1099-MISC Form. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/1099-misc-form/

Definition Sources

Definitions for 1099-MISC Form are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.