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NEOK stands for Non-Employee Compensation.
Anyone who receives non-employee compensation of $600 or more in a year is required to file NEOK.
NEOK can be filled out by providing the necessary information such as name, address, taxpayer identification number, and amount of non-employee compensation received.
The purpose of NEOK is to report non-employee compensation to the IRS for tax purposes.
The information that must be reported on NEOK includes the recipient's name, address, taxpayer identification number, and the amount of non-employee compensation received.
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