If a US-based contractor has been paid more than $600 in a tax year, a Form 1099-NEC which will summarize the income paid to the contractor and any taxes withheld needs to be generated.
For US-based companies, Remote will automatically generate 1099-NEC tax reporting forms at no cost for US-based contractors. This form will be made available on Remote by the end of January.
To access the Form 1099-NEC on Remote:
- From your dashboard, go to the
Documents
tab. - You will see an overview of the documents you've previously submitted as well as the Form 1099-NEC.
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