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South Carolina Department of AgricultureMARKET BULLETIN Vol. 94 Sum. 2January 16, 2020 Est.1913FUNDING, NETWORKING AVAILABLE FOR SC FARMERVETERANS BY EVA Motormouth Carolina is home to thousands of
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What is 94 num?
The 94 num refers to Form 1099-NEC, which is used to report non-employee compensation.
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Businesses that pay independent contractors or freelancers $600 or more during the tax year are required to file Form 1099-NEC.
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Form 1099-NEC requires reporting of total earnings paid to the non-employee, along with the payer's and recipient's identifying information.
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