IRS 1099-MISC Form PDF
Miscellaneous Income 2023-2024

You need to fill out 1099-MISC IRS form if you’re a business or a non-profit based in the US and you have made the following types of payments during the tax year:

- At least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest.

- At least $600 in the following:

• Rents
• Prizes and awards
• Other income payments
• Cash from a notional principal contract to an individual, a partnership or an estate
• Any fishing boat proceeds
• Medical and health care payments
• Crop insurance proceeds
• Payments to an attorney
• Fish purchased for resale
• Section 409A deferrals
• Non-qualified deferred compensation

Also file Form 1099-MISC for each person you withheld federal income tax from under the backup withholding rules (regardless of the payment amount).

Businesses in the US no longer use 1099-MISC to report non-employee compensation. As of 2020, these payments are reported under the form 1099-NEC.

That means if you’re a business owner based in the US and have made payments of over $600 to independent contractors or freelancers (non-corporate entities), you'll report this on a Form 1099-NEC slip, not a 1099-MISC.

And as always, don’t use a 1099 for W-2 employees.

Also notice, that form 1099-NEC is not a replacement for 1099-MISC. Form 1099-NEC only replaces the use of Form 1099-MISC for reporting independent contractor payments. You may need to file both Forms 1099-MISC and 1099-NEC.

Is the IRS 1099-MISC form used to pay taxes?

The 1099-MISC Form itself is not used to pay or calculate taxes. However, this form reports income you received that may be taxable. If you receive a 1099-MISC, the amount reported is considered taxable income, and you must report it on your tax return. 

Always review the form and include the reported income on your tax return to make sure you pay the correct amount of taxes.

How do the 1099 and 1099-MISC forms differ?

1099 is a series of forms used by the IRS to report different types of income other than wages, salaries, and tips. This means that the 1099-MISC form is a specific type of 1099. 

The other 1099 forms include:

• 1099-B – Reports income from broker and barter exchange transactions, including the sale of stocks, bonds, and other securities.
• 1099-G – Reports government payments, such as unemployment compensation, state, local, and federal income tax refunds, credits, or offsets.
• 1099-LTC – Reports long-term care and accelerated death benefits.
• 1099-R – Reports distributions from pensions, annuities, retirement plans, IRAs, insurance contracts, etc.
• 1099-S – Reports proceeds (a sale or exchange) from real estate transactions.

Follow these simple instructions to fill out Form 1099-MISC on Mac:

1. Download the IRS Form 1099-MISC from here.
2. Install PDF Expert on your Mac and open page 2 of the downloaded form.
3. Enter your own details in the Payer’s info and the Recipient’s info from their Form W-9 on the left side of the form.
4. Type in the details of relevant payments made in fields ‘1’ to ‘18’ on the right and bottom of the form.
5. Fill out the rest of the fields carefully.
6. Sign the form and save it.