If you paid contractors via PayPal, Stripe, Square, or Venmo, those show up on 1099-K and don't need a 1099-NEC. But if you paid $600 or more another way, you must file a 1099. The deadline is Feb 2, but file by Jan 30 to skip the $60-per-form penalty.
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Here's a business tip if you have to file any 1099s this year. For any amounts you paid to contractors with your debit or credit card last year, you don't have to include those amounts in their 1099 because that income is already going to get reported to them on their 1099-K from their merchant service. There are a few other payment methods to keep in mind. If you paid them through third-party apps, then you also don't have to include those amounts. Here's a list of them: PayPal, Stripe, Square, or if you paid your contractor through their business Venmo account or business Cash App accounts. If the amount that you paid them is still $600 or more after excluding the amounts paid through those third-party apps or through their merchant account, then you would still need to file a 1099 for them. The deadline to file these 1099s is February 2nd, but I highly recommend you file by January 30th just to make sure you don't miss the deadline. You'll want to avoid the $60 per form penalty. If you want help filing your 1099s this year, DM me or chat with me at www.lomarisper.com.
