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Get answers to your 1099 questions

SOLVEDby QuickBooks1445Updated December 19, 2023

Learn what 1099 forms there are and how you can prepare for the upcoming tax season.

Starting tax year 2023, if you have 10 or more combined 1099s, W-2s or other federal forms to file, you must file them electronically. To learn more, see IRS and Treasury issue final regulations on e-file for businesses.

What is a 1099 form?

IRS Form 1099 is a record that tracks money you paid to a non-employee. There are a few 1099 forms that the IRS uses, but the two you’ll need to know about are the 1099-MISC and the 1099-NEC.

Do I need to file a 1099-NEC?

You're required by U.S. tax law to file a Form 1099-NEC for anyone that you paid $600 or more in the previous year. You’ll also need to file a Form 1099-NEC for any person you’ve withheld any federal income tax from under the backup withholding rules.

This can be contractors, freelancers, vendors, or any other non-employee. If you have previously reported any information on Box 7 of the 1099-MISC, which is the total amount of non-employee compensation, this information is now reported on the 1099-NEC.

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.

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. Unlike the 1099-NEC, the payments found on a 1099-MISC are geared towards vendors, attorneys, and other individuals who are not a proper contractor. If you have more questions about who needs to file, check with the IRS.

When do I need to file my 1099 forms?

The tax filing due dates are different for each of these forms.

  • Form 1099-NEC due date is January 31.
  • Form 1099-MISC due date is March 31 if you file electronically,

How do I file my 1099 forms?

There are a couple of options for filing the 1099-MISC and 1099-NEC. You can e-file 1099s directly with the IRS using the Information Returns Intake System (IRIS). To learn more see E-file Forms 1099 with IRIS.

For a small fee, you can e-file your 1099's with your QuickBooks and Intuit products. We'll walk you through and e-file your 1099 forms 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).

Select your product to learn how to e-file your 1099's with us.

Notes:

Other questions

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.

To learn more about the 1099-K from Intuit, see How Intuit generates Form 1099-K.

No, if you have QuickBooks Online, QuickBooks Contractor Payments or QuickBooks Desktop, you can only create 1099s for the most recently closed tax year. Note, if you use Tax1099 you may be able to file up to 2 prior tax years without QuickBooks integration.

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