Financial Management - PSFT (MOSC)

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10999 MISC 2020

in Financial Management - PSFT (MOSC) 1 commentAnswered ✓

The Getting Ready for 1099 2020 webcast on 11/5.2020 indicated that for 1099M there should not be a Class 7. However, the 1099 MISC Form for 2020 has a box 7 that is now Payer made direct sales of $5,000 or more.. I would expect a class is associated with a box on the form. Please expalin.

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