IRS Form 1099-MISC "Miscellaneous Income"

What Is Form 1099-MISC?

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.

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When to Use 1099-MISC?

At the end of the year, if you are an independent contractor or self-employed individual, you should receive this form from each client who hired and paid you at least $600 throughout the calendar year, and you may attach the form to your tax return. The IRS requires that you report all of your income and pay income tax on it, and you must do so even if you did not receive a 1099-MISC form or earn $600.

How to Use 1099-MISC Form?

The IRS provides separate Instructions for Form 1099-MISC. The IRS Form 1099-MISC instructions are as follows:

The four black parts of the form must be completed and printed when reporting miscellaneous income:

  • Copy 1 is sent to the recipient's state tax department;
  • Copy B must be retained by the recipient;
  • Copy 2 must be attached to the recipient's state tax return; and
  • Copy C is kept by the payer.

The form 1099-MISC fillable version is available on the IRS website.

When Is Form 1099-MISC Due?

The IRS Form 1099-MISC due date is January 31, 2020, if you are reporting nonemployee compensation (NEC) payments in box 7, whether the filing is done on paper or electronically. For all other reported payments, Form 1099-MISC must be filed by February 28, 2020, if filed on paper, or by March 31, 2020, if filed electronically.

The due date for furnishing statements to recipients (if amounts are reported in box 8 or 14) is February 18, 2020.

IRS 1099-MISC Related Forms

Apart from the IRS 1099-MISC Form, the IRS Form 1099 series comprises of the following 19 variants:

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Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
9595
VOID
CORRECTED
PAYER’S name, street address, city or town, state or province, country, ZIP
1 Rents
OMB No. 1545-0115
or foreign postal code, and telephone no.
Miscellaneous
2019
$
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2 Royalties
$
1099-MISC
Form
Copy A
3 Other income
4 Federal income tax withheld
$
$
For
Internal Revenue
PAYER’S TIN
RECIPIENT’S TIN
5 Fishing boat proceeds
6 Medical and health care payments
Service Center
$
$
File with Form 1096.
RECIPIENT’S name
7 Nonemployee compensation
8 Substitute payments in lieu of
For Privacy Act
dividends or interest
and Paperwork
Reduction Act
Notice, see the
$
$
Street address (including apt. no.)
2019 General
9 Payer made direct sales of
10 Crop insurance proceeds
Instructions for
$5,000 or more of consumer
products to a buyer
Certain
$
City or town, state or province, country, and ZIP or foreign postal code
(recipient) for resale
Information
11
12
Returns.
13 Excess golden parachute
14 Gross proceeds paid to an
Account number (see instructions)
FATCA filing
2nd TIN not.
requirement
payments
attorney
$
$
15a Section 409A deferrals
15b Section 409A income
16 State tax withheld
17 State/Payer’s state no.
18 State income
$
$
$
$
$
$
1099-MISC
Form
Cat. No. 14425J
www.irs.gov/Form1099MISC
Department of the Treasury - Internal Revenue Service
Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page
VOID
CORRECTED
1 Rents
OMB No. 1545-0115
PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.
Miscellaneous
2019
$
Income
2 Royalties
$
1099-MISC
Form
3 Other income
4 Federal income tax withheld
$
$
Copy 1
PAYER’S TIN
RECIPIENT’S TIN
5 Fishing boat proceeds
6 Medical and health care payments
For State Tax
Department
$
$
RECIPIENT’S name
7 Nonemployee compensation
8 Substitute payments in lieu of
dividends or interest
$
$
Street address (including apt. no.)
9 Payer made direct sales of
10 Crop insurance proceeds
$5,000 or more of consumer
products to a buyer
$
City or town, state or province, country, and ZIP or foreign postal code
(recipient) for resale
11
12
13 Excess golden parachute
14 Gross proceeds paid to an
Account number (see instructions)
FATCA filing
requirement
payments
attorney
$
$
15a Section 409A deferrals
15b Section 409A income
16 State tax withheld
17 State/Payer’s state no.
18 State income
$
$
$
$
$
$
1099-MISC
Form
www.irs.gov/Form1099MISC
Department of the Treasury - Internal Revenue Service
CORRECTED (if checked)
1 Rents
OMB No. 1545-0115
PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.
Miscellaneous
2019
$
Income
2 Royalties
$
1099-MISC
Form
Copy B
3 Other income
4 Federal income tax withheld
$
$
For Recipient
PAYER’S TIN
RECIPIENT’S TIN
5 Fishing boat proceeds
6 Medical and health care payments
$
$
RECIPIENT’S name
7 Nonemployee compensation
8 Substitute payments in lieu of
This is important tax
dividends or interest
information and is
being furnished to
the IRS. If you are
$
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Street address (including apt. no.)
required to file a
9 Payer made direct sales of
10 Crop insurance proceeds
return, a negligence
$5,000 or more of consumer
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sanction may be
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City or town, state or province, country, and ZIP or foreign postal code
(recipient) for resale
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11
12
this income is
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13 Excess golden parachute
14 Gross proceeds paid to an
Account number (see instructions)
FATCA filing
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requirement
payments
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16 State tax withheld
17 State/Payer’s state no.
18 State income
$
$
$
$
$
$
1099-MISC
(keep for your records)
Form
www.irs.gov/Form1099MISC
Department of the Treasury - Internal Revenue Service
Instructions for Recipient
Recipient's taxpayer identification number (TIN). For your protection, this
Box 6. For individuals, report on Schedule C (Form 1040).
form may show only the last four digits of your social security number (SSN),
Box 7. Shows nonemployee compensation. If you are in the trade or business of
individual taxpayer identification number (ITIN), adoption taxpayer identification
catching fish, box 7 may show cash you received for the sale of fish. If the
number (ATIN), or employer identification number (EIN). However, the payer has
amount in this box is SE income, report it on Schedule C or F (Form 1040), and
reported your complete TIN to the IRS.
complete Schedule SE (Form 1040). You received this form instead of Form W-2
Account number. May show an account or other unique number the payer
because the payer did not consider you an employee and did not withhold
assigned to distinguish your account.
income tax or social security and Medicare tax. If you believe you are an
FATCA filing requirement. If the FATCA filing requirement box is checked, the
employee and cannot get the payer to correct this form, report this amount on
payer is reporting on this Form 1099 to satisfy its chapter 4 account reporting
the line for “Wages, salaries, tips, etc.” of Form 1040 (or Form 1040NR). You
requirement. You also may have a filing requirement. See the Instructions for
also must complete Form 8919 and attach it to your return. If you are not an
Form 8938.
employee but the amount in this box is not SE income (for example, it is income
Amounts shown may be subject to self-employment (SE) tax. If your net
from a sporadic activity or a hobby), report this amount on the “Other income”
income from self-employment is $400 or more, you must file a return and
line of Schedule 1 (Form 1040) (or Form 1040NR).
compute your SE tax on Schedule SE (Form 1040). See Pub. 334 for more
Box 8. Shows substitute payments in lieu of dividends or tax-exempt interest
information. Note: If you are still receiving payments on which no income, social
received by your broker on your behalf as a result of a loan of your securities.
security, and Medicare taxes are withheld, you should make estimated tax
Report on the “Other income” line of Schedule 1 (Form 1040) (or Form 1040NR).
payments. See Form 1040-ES (or Form 1040-ES(NR)). Individuals must report
Box 9. If checked, $5,000 or more of sales of consumer products was paid to
these amounts as explained in the box 7 instructions on this page. Corporations,
you on a buy-sell, deposit-commission, or other basis. A dollar amount does not
fiduciaries, or partnerships must report the amounts on the proper line of their
have to be shown. Generally, report any income from your sale of these
tax returns.
products on Schedule C (Form 1040).
Form 1099-MISC incorrect? If this form is incorrect or has been issued in error,
Box 10. Report this amount on Schedule F (Form 1040).
contact the payer. If you cannot get this form corrected, attach an explanation
Box 13. Shows your total compensation of excess golden parachute payments
to your tax return and report your income correctly.
subject to a 20% excise tax. See the Form 1040 (or Form 1040NR) instructions
Box 1. Report rents from real estate on Schedule E (Form 1040). However,
for where to report.
report rents on Schedule C (Form 1040) if you provided significant services to
Box 14. Shows gross proceeds paid to an attorney in connection with legal
the tenant, sold real estate as a business, or rented personal property as a
services. Report only the taxable part as income on your return.
business. See Pub. 527.
Box 15a. May show current year deferrals as a nonemployee under a
Box 2. Report royalties from oil, gas, or mineral properties, copyrights, and
nonqualified deferred compensation (NQDC) plan that is subject to the
patents on Schedule E (Form 1040). However, report payments for a working
requirements of section 409A, plus any earnings on current and prior year
interest as explained in the box 7 instructions. For royalties on timber, coal, and
deferrals.
iron ore, see Pub. 544.
Box 15b. Shows income as a nonemployee under an NQDC plan that does not
Box 3. Generally, report this amount on the “Other income” line of Schedule 1
meet the requirements of section 409A. This amount also is included in box 7 as
(Form 1040) (or Form 1040NR) and identify the payment. The amount shown
nonemployee compensation. Any amount included in box 15a that is currently
may be payments received as the beneficiary of a deceased employee, prizes,
taxable also is included in this box. This income also is subject to a substantial
awards, taxable damages, Indian gaming profits, or other taxable income. See
additional tax to be reported on Form 1040 (or Form 1040NR). See the Form
Pub. 525. If it is trade or business income, report this amount on Schedule C or
1040 (or Form 1040NR) instructions.
F (Form 1040).
Boxes 16–18. Show state or local income tax withheld from the payments.
Box 4. Shows backup withholding or withholding on Indian gaming profits.
Future developments. For the latest information about developments related to
Generally, a payer must backup withhold if you did not furnish your TIN. See
Form 1099-MISC and its instructions, such as legislation enacted after they
Form W-9 and Pub. 505 for more information. Report this amount on your
were published, go to www.irs.gov/Form1099MISC.
income tax return as tax withheld.
Box 5. An amount in this box means the fishing boat operator considers you
self-employed. Report this amount on Schedule C (Form 1040). See Pub. 334.
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