Yes, Remote automatically pre-fills 1099-NEC forms for US-based companies with eligible US-based contractors at the beginning of January and sends an email notification to company admins when the forms are available for review in the platform.
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: 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?