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QUESTION DETAIL
Related User
Votes
Is there a form to file if a person is receiving cash payments for services rendered?
ANSWER
The BIDaWIZ Team's Answer:
Yes. Form 1099-MISC is usually filed to report cash payments made for services rendered (which is considered to be compensation to the receiving individual).
A Form 1099 is required to be filed in all cases where you pay another individual compensation that exceeds $600 in any calendar year.
