--- title: Tips and News for 1099s description: The Form 1099-MISC has been divided into two forms for 2020 filing. A new form, called the 1099-NEC, must be used to report non-employee compensation (NEC) image: https://blog.gehmanaccounting.com/hubfs/guidancefeatureimage-01.jpg --- [![Gehman_logoAccountingWebsiteCOLORsmall](https://blog.gehmanaccounting.com/hs-fs/hubfs/Gehman_logoAccountingWebsiteCOLORsmall.png?width=351&height=75&name=Gehman_logoAccountingWebsiteCOLORsmall.png "Gehman_logoAccountingWebsiteCOLORsmall")](https://www.gehmanaccounting.com/) # Gehman Accounting Blog # Tips and News for 1099s [Laurie Hoover](https://blog.gehmanaccounting.com/author/laurie-hoover) *-* Dec 3, 2020 9:43:51 AM [0 Comments](https://blog.gehmanaccounting.com/tips-and-news-for-1099s#comments-listing) - [Tweet](https://twitter.com/share) January flurries are coming—and not just the white, fluffy kind that descend from winter skies. For business owners, the new year also brings a whirlwind of paperwork as they prepare for 1099 filing. Get ready for 1099s with these tips and changes. ### New Form 1099-NEC The Form 1099-MISC has been divided into two forms for 2020 filing. A new form, called the 1099-NEC, must be used to report nonemployee compensation (NEC) previously entered in box 7 on the 1099-MISC. The 1099-MISC will continue to be used for rents and miscellaneous payments not categorized as nonemployee compensation. [![Guidance Guidepost Image](https://blog.gehmanaccounting.com/hs-fs/hubfs/2019%20Website%20Photos/Guidance%20Guidepost%20-%20forest%20concepts.jpeg?width=500&name=Guidance%20Guidepost%20-%20forest%20concepts.jpeg)](https://www.gehmanaccounting.com/why-gehman) ##### What to Report on 1099-NEC *(See IRS.gov for complete list)* - Payments for services performed by someone who is not your employee (box 1) - Payments to an attorney for legal fees or services (box 1) - Benefits and commissions paid to nonemployees (box 1) ##### What to Report on 1099-MISC *(See IRS.gov for complete list)* - Rents (box 1) - Other income payments (box 3) - Medical and health care payments (box 6) ### Due Dates - 1099-NEC is due to the IRS by February 1, 2021, for both paper and electronic filing. - 1099-MISC is due to the IRS by March 1, 2021, if filing on paper, or March 31, 2021, if filing electronically. - NEC and MISC forms are due to recipients on or before January 31, 2021. ##### Get Vendor Information Now Want to decrease January stress? Request 1099 information from your vendors now. If you do not have a vendor’s current name, address, and tax identification number on file, you may send a [Form W-9](https://www.irs.gov/pub/irs-pdf/f1099nec.pdf). (The W-9 can be accessed and printed online, or you can [request a copy](https://www.gehmanaccounting.com/contact-us) from your accountant.) A completed W-9 will give you all the information you need to properly format and file a 1099. ##### We've Got You Covered If you work with Gehman Accounting to file 1099s, we will take care of choosing the correct 1099 form for your recipients. [![Learn More](https://no-cache.hubspot.com/cta/default/4833133/3d4125ff-0af3-4c30-91b7-666d1dce9456.png)](https://cta-redirect.hubspot.com/cta/redirect/4833133/3d4125ff-0af3-4c30-91b7-666d1dce9456) Topics: [Tax](https://blog.gehmanaccounting.com/topic/tax)*-* [Updates](https://blog.gehmanaccounting.com/topic/updates)*-* [QuickBooks](https://blog.gehmanaccounting.com/topic/quickbooks)*-* [Payroll](https://blog.gehmanaccounting.com/topic/payroll)*-* [Guidance](https://blog.gehmanaccounting.com/topic/guidance) ![Laurie Hoover](https://blog.gehmanaccounting.com/hubfs/Employee%20Pictures/Laurie.2019.jpg) ### [Laurie Hoover](https://blog.gehmanaccounting.com/author/laurie-hoover) Laurie Hoover currently leads the secretary team at Gehman Accounting, and she writes and edits for the company as needed. With a BA in English and a minor in journalism, Laurie desires excellence and accuracy in all things. 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