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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB
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0 1 - iriaccom is an abbreviation for Form 1099-NEC, which is used to report nonemployee compensation to the IRS.
Any individual or business that pays $600 or more to a nonemployee for services performed in the course of their trade or business must file Form 1099-NEC.
To fill out Form 1099-NEC, you will need to provide the recipient’s information, the amount of compensation paid, and other relevant details. The form can be filled out manually or electronically.
The purpose of Form 1099-NEC is to report nonemployee compensation to the IRS and the recipient, so they can report it on their tax return.
Form 1099-NEC requires reporting the recipient’s name, address, social security number or EIN, the amount of compensation paid, and any federal income tax withheld.
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