How to File 1099 MISC for Independent Contractor

how to file 1099 misc

Wondering how to file 1099 MISC? Filing 1099s is pretty straightforward if you know how to do it correctly i.e. according to the guidelines prescribed by the IRS. However, for your convenience, we have created this resourceful guide, which will show you exactly how to file 1099 MISC for independent contractors.

Table of Contents

What is Form 1099 MISC?
What are the Different 1099 Tax Forms?
Who is an Independent Contractor?
Do You Really Need to File 1099 MISC This Year?
Parts of 1099 MISC Forms
How to Fill Out 1099 Form?
Sample 1099 MISC Form
1099 MISC Form Filing Deadlines
Penalties for Late Filing
How to Save Time & Money Filing 1099 MISC?
What Not to Report on Form 1099 MISC?
1099 Tax Tips for Employers

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1099 Deadlines, Penalties & State Filing Requirements for 2017

1099 Deadlines

As the end of January approaches, it is important for all the employers to prepare and issue 1099s to the recipients, and file them to IRS responsibly without any delay.

1099 tax form, referred to as “Information Returns,” should be send by the company to the independent contractors if it paid more than $600 to them in 2016. Since there are many types of 1099 forms, the common forms are 1099-MISC, 1099-INT, 1099-S, 1099-C, 1099 B, 1099-R and 1099-DIV.

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