Independent contractors typically receive a Form 1099-NEC (Nonemployee Compensation) from clients or companies that pay them $600 or more in a calendar year for their services. This document reports the amount paid to the contractor and is used for tax purposes.
Additionally, independent contractors may also receive a contract or service agreement that outlines the terms of their engagement, including the scope of work, payment terms, and other conditions.
It's important for independent contractors to keep accurate records of their income and expenses for tax reporting and compliance purposes.