Gen is a new sole proprietor. By the end of January 2022, she needs to issue what document to any independent contractors to whom she paid $600 or more to do project work for her business?
Form 1099-K, Payment Card and Third-Party Network Transactions.
Form 1099-MISC, Miscellaneous Income.
Form 1099-NEC, Nonemployee Compensation.
Form W-2, Wage and Tax Statement.