Understanding the 1099-NEC: What Freelancers and the Self-Employed Need to Know

Phil Luza
Tahoe Tax
Published in
3 min readNov 13, 2023

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IRS 1099-NEC

In the world of freelancing and self-employment, managing your finances and taxes can be a bit of a puzzle. One crucial piece of that puzzle is the 1099-NEC form. If you’re a freelancer or an independent contractor, understanding the 1099-NEC is essential to stay on the right side of the tax authorities. Let’s break down what freelancers and the…

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Phil Luza
Tahoe Tax

Tax accountant & gentleman explorer sharing what I've learned along the way. For tax savings strategies visit www.TahoeTax.com