When Do I Need to Issue a 1099-NEC? ShareWhen Do I Need to Issue a 1099-NEC? If you pay someone $600 or more for services during the tax year, you have to issue a 1099-NEC. This does not include payments for products. Frequently Asked Questions - Business Taxes5 Steps To Take Before You Prepare Your TaxesAre Employers Required To Report The Information That Employees Claim On Their Form W-4 To The Irs?Can I Deduct My Home Office On My Business Tax Return?How Do I Choose The Right Accounting Software For My Business?Do I Have to File Taxes If My Business Made No Money?Do I Need To Make Quarterly Estimated Tax Payments?Need An Employer Identification Number (EIN)?