2021 Individual Income Tax Rates
January 12, 2022

In the past you have received form 1099-misc for your services.  For the year 2020 you will receive form 1099-NEC instead.  The timing is the same.  They will be mailed by January 31, 2021.  The amount paid will include the amount for parts and materials used on the job, but don’t panic.  Using your receipts, the amount paid for parts and materials can be deducted from your business tax return as you report the income.