NGL's 2022 1099s Are Going Out Soon
With tax season just around the corner, National Guardian Life wanted to let you know that a 1099-NEC (Non-Employee Compensation) will be issued to those producers with net earnings of $600 or more in 2022.
They are used to report miscellaneous income earned, such as fees, commissions, rents, or royalties paid during the last tax year, as well as to report payments for prizes, awards, and legal services.
NGL’s 1099-NECs will be mailed out by February 1, 2023.
If you have any questions, call us today at 866-568-9649!