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1. CONTRACT ID CODE2. AMENDMENT/MODIFICATION NO.3. EFFECTIVE DATEP00009 6. ISSUED BYCODEPAGE OF PAGESUAMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT14. REQUISITION/PURCHASE REQ. NO.04Apr2018 N0017825.
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Code 7 is the Internal Revenue Service code that relates to non-employee compensation.
Individuals or businesses who have paid non-employee compensation of $600 or more to a person or entity in a calendar year are required to file 7 administered by code.
You can fill out Code 7 by using Form 1099-NEC, which is used to report non-employee compensation.
The purpose of Code 7 is to report non-employee compensation to the IRS and the recipient.
The information that must be reported on Code 7 includes the name, address, and taxpayer identification number of the recipient, as well as the amount of non-employee compensation paid.
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