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Tag: 1099-MIISC - Cat Taylor

New 1099 Regs – Online Bill Pay is still reported on a 1099-MISC

I got off the phone with the IRS and have an answer: online bill pay is still 1099-MISC, not 1099-K. This is very good news as it uncomplicates things a bit if you have paid contractors partially with regular checks and partially with online bill pay.. The IRS, in...