Converting 1099-MICS Form to 1099-NEC Form

In 2020, the IRS launched a new form replacing 1099-MISC. A new form, 1099-NEC, needs to be used to report non-employee compensation. For your convenience, we created step-by-step instructions on how to convert 1099-MISC eForms to 1099-NEC forms. After reviewing this documentation, if you feel additional guidance is needed, please submit an incident.