I’ve written about the rules of issuing 1099-MISC forms on Eric Nisall dot com. This is a companion article for the freelancers on the receiving end.
One second you’re walking to the mailbox, not a care in the world.
The next second, you’re filled with dread.
You hold in your hand a letter from the IRS, and your hand is trembling.
Scared as you may be you open it, hoping it’s not what you think.
Experienced freelancers will know some of this already.
If you are relatively new to freelancing, this may be totally new.
In either case, you’ll want to pay attention.
I can guarantee that if you haven’t personally, you know someone who has dealt with it.