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Independent Contractor Forms

If you have independent contractors, it’s critical that you give them a 1099-NEC at the end of the year if you’ve paid them more than $600. Have each independent contractor to fill out a Form W-9 before he or she begins work so you’ll have their name, address and social security number corporation.

If you aren’t sure if you have an independent contractor or if you should really be hiring an employee, click below. If you incorrectly classify a worker as an independent contractor, the IRS can reclassify the individual as an employee, meaning you’ll face very harsh payroll tax penalties for not filing and paying payroll taxes on time.

Employee or Independent Contractor?