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State of Colorado CORE 1099 Information December 2014 Questions? Call Angela Lutein 303 866-3850 Important All CORE and COORS 1099 Data Corrections MUST be completed by end of day JANUARY 9. Following
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What is core 1099 information?
Core 1099 information includes details about payments made to independent contractors or freelancers, such as their name, address, and the total amount paid.
Who is required to file core 1099 information?
Businesses or individuals who make payments to independent contractors or freelancers totaling $600 or more in a calendar year are required to file core 1099 information.
How to fill out core 1099 information?
Core 1099 information can be filled out using form 1099-MISC or 1099-NEC provided by the IRS. The form requires details about the recipient of the payment, the amount paid, and other relevant information.
What is the purpose of core 1099 information?
The purpose of core 1099 information is to report payments made to independent contractors or freelancers to the IRS for tax purposes.
What information must be reported on core 1099 information?
Core 1099 information must include the recipient's name, address, taxpayer identification number (TIN), the total amount paid, and the type of payment.
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