A Form 1099-MISC is sent to individuals who receive at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest and/or to individuals who received at least $600 in rents, prizes and awards, and other income payments. Form 1099-MISC must be furnished to the recipient by January 31. For more information, refer to the IRS website.
Effective beginning for tax year 2020, a Form 1099-NEC is sent to individuals who receive at least $600 for services performed by someone who is not an employee and for payments to attorneys. Form 1099-MISC must be furnished to the recipient by January 31. For more information, refer to the IRS website.
For 1099 Inquiries:
If you are a Penn employee please log in to Ben Helps: (https://benhelps.upenn.edu/support/home) and go to Ben Helps Request Forms/1099 Inquiry/Request Form: (https://benhelps.freshservice.com/support/catalog/items/49)
If you are a Penn supplier or payee please use the Supplier Payee Submission form to submit 1099 inquiries: (https://www.finance.upenn.edu/supplier-payee-submission-form/).