If your client has opted into Prior Balance Loading, PBL provides you the opportunity to have all previous payments loaded whether you are a current or past contractor of your client. This process will create an integrated 1099 for you, including payments both in and outside the WorkMarket platform during the current calendar year.
There is no action for you to take. If your client has opted in and before your prior balances are uploaded, you will receive a notification from your client.
Once your PBL upload is complete, you will receive an email notification informing you of a $0 payment in your WorkMarket account like below. This $0 payment notification will confirm that WorkMarket has uploaded the previous payments you received. We aim to provide you with one 1099-NEC.
If you have any questions, please contact the client number provided on your 1099-NEC.
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