Posted on 01/25/2021 8:09:42 AM PST by Sequoyah101
The fools at the IRS have done it again. Make change where there is no need for change and adding to taxpayer burden.
The IRS is using a new 1099 this year for Miscellaneous Income. We now have to use Form 1099-NEC for Non-employee Compensation.
Copy A of the Form 1099-NEC from the IRS website is not scannable therefore, it cannot be filed as the IRS copy. You can order the forms by visiting www.IRS.gov.orderforms or they can be purchased in stores.
You can look at the form and download it but it is plastered with all manner of warnings not to actually use it under penalty of law and all sorts of other giverment threats.
This stupidity was done under Trump. The poor man can't have watched everything the bureaucratic fools do. He was surrounded by enemies to liberty.
If it doesn't affect congress or the bigwigs, it won't change...
I have no problem opening and printing any of them. Check to see what version of Acrobat Viewer you’re using; might need to be updated with a newer version.
I’d say the govt wants to discourage bartering and other forms of exchange they can’t easily track though banking transactions.
Taxes are hard because the math to calculate taxes was designed by some (fill in the blank adjective) bureaucrat.
Tax software early on was intuitive, now I swear I could to it faster on paper.
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