Form 1099
Issuing a 1099
Who gets a 1099?
In general, a Form 1099 should be filed for each person to whom an employer has paid one or more of the following:
- At least $600 in services, rents, prizes or awards and other income payments.
- At least $10 in royalties or broker payments in lieu of dividends of tax-exempt interest.
- Gross proceeds to an attorney.
A 1099 must be issued to an individual, LLC taxed as a sole proprietor or partnership, that you paid $600 or more to in the prior tax year in cash or checks. A company taxed as an s-corp or c-corp would not receive a 1099. If you paid a vendor with paypal or a credit or debit card, a 1099 is not required because they will receive a 1099K from the processing company.
To issue a 1099, we need a copy of the individual’s form W9 (so we can identify their legal name, address and EIN / social security number) as well as the total amount that you paid them. We also need your own company contact information, name, address and EIN number. Our fee to issue a 1099 is $25 per form. The Deadline to submit 1099 forms is January 31st at 5 PM. Requests received after January 27th will have a $5 late fee added to each form.
Get Started with the Form 1099
Please email us the following information to complete your 1099 filings.
- Your Name of Business
- EIN Number
- Name of Owner
- Address including city, state, zip code
- Phone Number
- Number of 1099s requested
Please make sure you request a portal link for this year’s w9 forms so they can be uploaded directly to your secure 1099 folder. If you do not have a w9 from a contractor, then please provide the following:
- Legal Name to whom payments were made
- Address
- Social security number or EIN number
- Total amount paid
By sending this email you are approving the processing of the 1099 payment fee which is $25 per 1099 form. This covers the associated software fees we have with your electronic submission. All 1099s are electronically filed with the IRS with a hardcopy mailed via the US Postal Service to your contractor.
Download form W9 :
Please write your company name on top of each W9.
