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BLS Contract Collection Metadata Header This contract is provided by the Martin P. Cather wood Library, ILL School, Cornell University. The information provided is for noncommercial educational use
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Independent general contractors are typically self-employed individuals who work for various clients on a project-by-project basis.
Businesses who hire independent general contractors are required to file a 1099 form for each contractor they paid $600 or more during the year.
To fill out independent contractor forms, businesses must gather all necessary information from the contractor, including their name, address, social security number, and total amount paid during the year.
The purpose of filing independent contractor forms is to report payments made to contractors to the IRS for tax purposes.
The information reported on independent contractor forms includes the contractor's name, address, social security number, and total amount paid during the year.
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