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A taxpayer receives a $1,500 prize (not gambling or lottery) and also works as a contractor receiving $65,000 during the year working contract on construction
A taxpayer receives a $1,500 prize (not gambling or lottery) and also works as a contractor receiving $65,000 during the year working contract on construction jobs. What types and amount of Form(s) 1099 will they receive? Select one: a. All $66,500 on Form 1099-NEC b. $1,500 on Form 1099-NEC and $65,000 on Form 1099-MISC c. $1,500 on Form 1099-MISC and $65,000 on Form 1099-NEC d. All $66,500 in Form 1099-MISC
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