Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Help with 1099s that were suppose to go out....?
Ok..yes they were suppose to go out. I have always had my payroll company do these until this year. I am working on the books for my father and can't figure out what box his 1099 contract employee's payments go in. Is it Box 3: Other income or Box:7: Nonemployee Compensation? HELP...Thank you in advance.
2 Answers
- 1 decade agoFavorite Answer
Box 7 is generally the correct box for non-employees who provided services to the business. Box 3 is for anything that doesn't belong in any of the other boxes.
- 1 decade ago
Box 7 is the correct box for contract labor such as those that you are describing. Box 3 is solely for those things that do not fit into any other box. If they are compensated and are not on the payroll, they belong as non-employee compensations.
