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Question Number 2
What amount must an independent contractor be paid for services rendered before an employer is obligated to give them a 1099-MISC?
A. Once total reaches $600 or more, B. Total payments reach $600 or more for company's fiscal year, C. Total payments reach $600 or more for calendar year, D. Any individual payment makes during calendar year exceeding $600
✔ Correct Answer:
C
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