Payee TallyPayee Tally / Guide
1099-NEC vs 1099-MISC
Form 1099-NEC is for pay for services by someone who isn't your employee. Form 1099-MISC holds most of the rest, such as rents and gross proceeds paid to an attorney.
General information, not tax or legal advice. For your own situation, ask a tax professional.
| Payment | Usually goes on | Line for 2026 |
|---|---|---|
| A contractor's or freelancer's fee for services | 1099-NEC, box 1 | $2,000 |
| Rent for an office, a storage unit or equipment | 1099-MISC, box 1 | $2,000 |
| A settlement paid to an attorney | 1099-MISC, box 10 | $600 |
| A lawyer's fee for legal services to your business | 1099-NEC, box 1 | $2,000 |
The short version
Services go on the NEC. Rents and attorney gross proceeds go on the MISC. Card and app payments go on neither: the card company or app reports them on Form 1099-K.
Different due dates
The two forms reach the IRS on different dates: February 1, 2027 for the NEC, and March 1 on paper or March 31 electronically for the MISC. See all the dates.
What the totals sheet does
Payee Tally adds up what you paid each payee and lets you tag each one as services, rent or attorney proceeds. It shows each total against the line for that tag. It doesn't tell you which form to file.
Add up your own payees. Paste your bank or bookkeeping export and see each payee's 2026 total, marked at $2,000.
Open the totals sheetSource: the IRS Instructions for Forms 1099-MISC and 1099-NEC (revision for 2026 information), read October 23, 2026.