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Form 1099 Updates for 2020

Form 1099 has been updated for 2020. Check out details about the form here. The purpose of a 1099 form is to record income. All kinds of people can get a 1099 form for different reasons. For example, freelancers and independent contractors often get a 1099-MISC from their clients. The form reflects the money the client has paid the freelancer or independent contractor.

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