When a business, non-profit or government agency pays someone more than $600 a year in non-employee compensation this is the form they file with the Internal Revenue Service (IRS).
To rebut the skeptics, economists like Harvard’s Larry Katz have dug into ‘1099’ filings for evidence. When a business, non-profit or government agency pays someone more than $600 a year in non-employee compensation this is the form they file with the Internal Revenue Service (IRS). These filings are on the rise. A deep dive into government data finds that non-employer businesses (sole proprietors) are up from 12 percent of the US workforce at the end of the 1990s to 16 percent in 2013 (no data since). This has prompted some observers to argue that we have a “1099 economy”.