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And be careful here, as it is easy to accidentally include these on Form 1099-NEC if the recipient also ... extremely challenging in most bookkeeping software to distinguish how a bill was paid ...

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That’s the most generic income category. Or, the client paying a bill might issue a Form 1099-NEC, the new form for payments to independent contractors for services. If you receive the new NEC ...

You can also look up more information about each form at IRS.gov. For example, if you’re self-employed, you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business.

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