Do I have to file for paying my co-driver $1,200?

By |2025-04-17T15:34:17-05:00December 17th, 2024|Categories: Transportation|Tags: , |

Hey Abe! I am a lease/owner operator, and I paid my co-driver $1,200 in 2024. Do I have to file anything for this? Great question! This is a common scenario we see in the trucking industry. If you paid your co-driver more than $600 in 2024, you may need to issue that co-driver a 1099-NEC. A [...]