IRS Form 1099-MISC, Miscellaneous Income is an Internal Revenue Service (IRS) form used to report non-employee compensation. Independent contractors, freelance workers, sole-proprietors, and self-employed individuals receive one from each business client who paid them $600 or more in a calendar year.
This form - also known as the IRS Miscellaneous Income form - is also used for payments of $10 or more in royalties or payments in lieu of dividends and tax-exempt interests reportable by brokers. It is also used to report payments of $600 or more for crop insurance proceeds and fishing boat proceeds, among other payments. Moreover, it is used to report direct sales of at least $5,000 of consumer goods for resale.
The form is issued yearly by the IRS and was last revised in 2019. Use this link to download Form 1099-MISC.