2020 Instructions for Forms 1099-MISC and 1099-NEC Miscellaneous Income and Nonemployee Compensation The IRS has released the 2020 Instructions for Forms 1099-MISC (Miscellaneous Income) and 1099-NEC (Nonemployee Compensation). The 2020 Form 1099-MISC and Form 1099-NEC were released in November. Background. For the 2019 tax year (2020 filing year), Form 1099-MISC is filed to report payments Read MoreThe post INSTRUCTIONS FOR 2020 FORMS 1099-MISC AND 1099-NEC RELEASED appeared first on Fair, Anderson &Langerman.