Tips For Generating A 1099-MISC Document
If you are an employer and you employed some workers to do some job for you, it is ideal that you generate a 1099-MISC form for each of them. And particularly if your contractors spent more than $600 in their annual expenditures. These forms are usually mailed out to contractors before the end of January 31st. These forms are then filed with IRS before date 28th February. And for those who might want to go the electronic way, their deadline is 31st March.
You always have the option of hiring an expert to create the 1099-MISC forms when you feel that you do not have enough time to do so yourself. But you must be ready to meet the expenses. Alternatively, you may choose to order for blank forms from IRS and fill them on your own. It is inexpensive and convenient to do so.
You also have another amazing option, the Intuit. The Intuit have made it possible for employers to access the 1099-MISC E-filing services and generate the 1099 forms all the time they remember to do so. In addition to that, they allow you print and file them to the IRS department automatically.
Most businesspersons choose this option as it is convenient and uncomplicated. You may need to have some money to pay for the services. If you can seek these services early enough, you are more likely to pay less.
One great advantage that you enjoy with the Intuit 1099-MISC E-filing system is that it is easy to use. Here are simple steps on how you can create a 1099-MISC form without any complication.
To start with; you need to be able to sign-up for their services, that’s if you haven’t used these services before. Nonetheless, if you happened to have used the same services sometimes back, all you need to do is to make use of your previous logins and make use of the existing data.
If you are doing this for your first time, all you should do is to search for their homepage and sign-up. Make sure you use a reliable email account and choose the “new customer option”, then click on the “Sign In” button. You need to fill your account information correctly, including your password, both your first name and the last name, your company’s name as well as your contact details. Ensure you read through all the terms and conditions before you agree.
The next thing is to enter your business information. You can choose to import your QuickBooks or fill them manually. You also have to choose either your EIN or SSN. Fill your name and address and enter your 1099-MISC Information.
Fill in the details of details of each of your employee: their business, business name and EIN (for those with a business contractor, and SSN for those with individual contractors. You can then enter their address as well as the amount that they paid that year.
You need to scan the forms and check if there are errors that you can correct before you make your submission and print your final document.