Does Homebase file a 1099-NEC for all Contractors?

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Homebase files W-2 and 1099-NEC forms when mandated at the federal, state and local level. Currently, the IRS only requires 1099-NEC forms to be filed with contractor payments of $600 and above or if there is backup withholding. States may have lower thresholds for filing which Homebase will file accordingly. 


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