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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).STATEMENT

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What is and comp?

And comp, or Form 1099-NEC, is a tax form used for reporting payments made in the course of a trade or business to independent contractors.

Who is required to file and comp?

Businesses and individuals who have paid at least $600 to an independent contractor for services performed during the tax year are required to file and comp.

How to fill out and comp?

To fill out and comp, you must gather the necessary information, such as the contractor's name, address, and taxpayer identification number, along with the total amount paid during the tax year.

What is the purpose of and comp?

The purpose of and comp is to report payments made to independent contractors to the IRS and the contractor, so they can report the income on their tax returns.

What information must be reported on and comp?

The information that must be reported on and comp includes the contractor's name, address, taxpayer identification number, and the total amount paid during the tax year.

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