Form 1099-MISC: Miscellaneous Information
Report various types of miscellaneous income including rents, royalties, prizes, awards, medical and health care payments, and attorney fees.
Filing Deadline
February 28 (paper) or March 31 (electronic)
Payment Threshold
$600 (most payments), $10 (royalties)
Payment Types
Rents, prizes, medical payments, etc.
Overview
Form 1099-MISC is used to report various types of miscellaneous income payments made in the course of your trade or business. This includes rents, royalties, prizes and awards, other income payments, medical and healthcare payments, crop insurance proceeds, and payments to attorneys.
Starting in 2020, nonemployee compensation (previously Box 7) is reported on Form 1099-NEC instead. Form 1099-MISC now focuses on other types of business payments that don't have their own specific 1099 form.
Who Must File
Required Filers
- •Paid at least $10 in royalties or broker payments in lieu of dividends
- •Paid at least $600 in rents, prizes and awards, or other income payments
- •Paid at least $600 for medical and health care services
- •Paid at least $600 to an attorney (including corporations)
- •Made direct sales of at least $5,000 of consumer products for resale
Exceptions & Notes
- ✕Payments to corporations (except medical, health care, and attorney payments)
- ✕Personal payments not made in a trade or business
- ✕Payments for merchandise, freight, storage, or similar items
- ✕Nonemployee compensation (use Form 1099-NEC)
Form Structure & Instructions
Here's what information is required in each section:
Payment Information Boxes
Different types of miscellaneous income payments
Important Filing Notes
Later Deadline Than 1099-NEC
Form 1099-MISC is due February 28 (paper) or March 31 (electronic), which is later than Form 1099-NEC's January 31 deadline.
Attorney Payments (Box 10)
Payments to attorneys of $600+ must be reported even if paid to a corporation. Report total gross proceeds including amounts paid to others.
Different Thresholds
Most payments require $600 threshold, but royalties only require $10. Direct sales require $5,000 for consumer products sold for resale.
Medical Payments
Medical and health care payments in Box 6 must include all payments to the provider, not just the portion that's tax-deductible to the recipient.
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