1099-NEC forms are due to be filed with the IRS no later than January 31st
1099-Misc forms are due to be filed with the IRS no later than February 28th
Complete List of 1099 due dates
We recommend working directly with one of the many online 1099 form services. Most support QuickBooks uploads. They specialize in 1099 forms, and can prepare them at a much lower cost than we can.
To list a few:
https://www.onlinefiletaxes.com/
If we provide your bookkeeping, we will prepare your 1099 forms. please upload your W9 forms via this secure upload link
Do not email social security numbers, it is not secure.
Below are the basic guidelines if 1099 forms are required, if you have any questions, please contact us.
1099 forms are required for most business to business payments over $600.
Exceptions include:
- Payments to corporations other than legal or medical.
- Payments made by credit card, Paypal or other payment processing service where they are the reporting agent.
- Payments for personal service.
You should request W-9 forms from your payee before payments are issued.
You should encourage your payees to apply for and use EIN numbers. This would save them from having to give out their social security numbers and save you the burden of securely storing them. Applying is FREE, fast & easy using this link
