1099-misc Tax Form !exclusive!

| Box | Type of Payment | Threshold | Filing Deadline (Paper) | Filing Deadline (E-filing) | | :--- | :--- | :--- | :--- | :--- | | 1, 5, 6, 9, 10, 11 | Rents, Medical, etc. | $600 or more | February 28 | March 31 | | 2 | Royalties | $10 or more | February 28 | March 31 | | 4, 8 | Backup Withholding, Substitute Payments | No minimum | February 28 | March 31 |

To understand the current 1099-MISC, you must understand what it is not . 1099-misc tax form

Any trade or business (including nonprofits and government agencies) that makes reportable payments to a payee that is not a corporation (exceptions: medical/legal payments to corporations are reportable) must file Form 1099-MISC. The payer must: | Box | Type of Payment | Threshold