Finanzas ComercialesPregunta 1608 de 1632
A contractor's books for the 2026 calendar year show $61,400 of wages paid to two payroll employees, and $1,800 paid to a licensed drywall subcontractor who is not an employee. Which year-end information returns must the contractor issue?
a.A Form 1099-NEC for each of the three workers, because every one of them was paid for services performed
b.A Form W-2 for each of the two employees, and also a Form 1099-NEC for the drywall subcontractor
c.A Form W-2 for each of the two employees, and no 1099-NEC, because $1,800 is under the threshold
d.A Form W-9 for each of the two employees, and a Form W-2 for the drywall subcontractor's $1,800
Explicación
Two rules meet here. The worker's status picks the form: an employee gets a Form W-2, a non-employee paid for services gets a Form 1099-NEC. The dollar threshold then decides whether the 1099-NEC is required at all. For tax years beginning after 2025 that threshold is $2,000, so the $1,800 paid to the subcontractor falls under it and no 1099-NEC is due. A Form W-9 travels the other way: the payer collects it from the payee to obtain a taxpayer identification number, and it reports no wages.
Referencia Legal: IRS, About Form W-2; IRS, Instructions for Forms 1099-MISC and 1099-NEC (rev. Dec. 2026)Practica las 1632 preguntas gratis — sin registro.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)