Does Remote generate Form 1099-NEC?

Yes. For Contractor Management (CM) and Contractor Management Plus (CM+) contractors, Remote automatically pre-fills 1099-NEC forms for US-based companies with eligible US-based contractors at the beginning of January. The company is then responsible for filing these forms to the tax authorities. For COR contractors, Remote generates and files the 1099 directly, no company action needed.

Note that form 1099-NEC is generated based on the following criteria:

• Company is based in the US, and its billing currency is USD.
• Contractor is based in the US
• Contractor was paid more than USD 600 in the previous tax year via the Remote platform.
   

To find out more about how Remote generates 1099-NEC, please see: How are 1099-NEC Forms generated in Remote? For general guidance and information on the form 1099-NEC, please see: What is the 1099-NEC tax form and how can I get one?