Learn what 1099-MISC forms are and how you can prepare for the 2019 tax season.
What is a 1099-MISC?
IRS Form 1099 is a record that tracks money you paid to a non-employee. There are a lot of 1099 forms that the IRS uses, but the one that you'll need is the 1099-MISC.
Do I need to file a 1099-MISC?
You're required by U.S. tax law to file a 1099-MISC form for anyone that you paid $600 or more in the previous year. This can be contractors, freelancers, vendors, or any other non-employee. The IRS has rules to decide if a worker is an employee or a contractor. For assistance in classifying your workers, check with the IRS.
Contractors also need a 1099-MISC to file their taxes. If you have more questions about who needs to file, check with the IRS.
How do I file my 1099-MISC?
There are a couple of options for filing the 2019 version of 1099-MISC. For a small fee, we'll walk you through and e-file your 1099-MISC for you. We'll automatically exclude payments you don't need to include on your 1099s (like payments you made with credit cards and other electronic payments).
Learn how to e-file your 1099's with:
- QuickBooks Desktop
- QuickBooks Desktop for Mac 2020
- QuickBooks Online
- Intuit Online Payroll
- 1099 E-File Service (no QuickBooks or payroll)
If you have Intuit Full Service Payroll, we'll automatically do this for you.
Notes:
- Your data is safe. When Intuit transmits 1099s via E-file, we comply with all IRS requirements in Publication 1220.
- E-file is only supported for contractors with a U.S. address. You must E-file by specific dates determined by the IRS.
- If you’d like further information about 1099-MISC, download the IRS general instructions for 1099 forms.
Other questions
Set up a contractor for 1099-MISC
If you have a QuickBooks Payroll product, you’ll need to get your contractors or vendors set up in QuickBooks before you can file their 1099s.
Looking for information on 1099-K forms?
If you have a QuickBooks Payments product and you have processed at least 200 card transactions and $20,000 in gross sales during the previous calendar year, we generate a 1099-K form for you on or before January 31.
