If you paid any contractor, freelancer, or attorney $600 or more in 2025, file Form 1099-NEC by January 31st. Miss the deadline and you face penalties up to $680 per form. The 1099-NEC tells the IRS you reported the payment and tells the worker what to claim.
If you paid someone $600 or more with your business, you need to file this with the IRS before January 31st, or there'll be consequences. Penalties. There'll be penalties. For every contractor, freelancer, or attorney you paid $600 or more in 2025, you must file a 1099-NEC. Now you may be wondering, what the heck is a 1099 and why should I care? Number one, it tells the IRS that you're reporting your income correctly. And number two, it tells the person you paid so they can report their income correctly as well. And here's the kicker. If you fail to do so, The IRS can charge up to $680 per form in penalties. Isn't that just awesome? Yeah, no thank you. So if you're sitting there thinking to yourself, I have no idea where to even start with this, then give us a follow and drop us a question in the comments below, and we're happy to help anything 1099 related.
