How to File 1099-MISC for Contractors for 2016

Guide to 1099 Forms for ContractorsA Complete Guide – How to File 1099-MISC Forms for Contractors – by DiscountTaxForms.com is now available.

The goal is to make 1099MISC filing as easy as possible! The January 31 deadline comes fast every year.

Get educated, get ready and get it done with this handy guide. 

**1099 MISC Copy A Due Date has Changed for 2016**
See the bottom of this page for details.
 

 

Options for Filing 1099-MISC Forms for Contractors

Your Accounting Software: Many accounting software systems, such as QuickBooks, will print 1099 and W-2 forms and some even e-file payer copies. To print forms, purchase 1099-MISC compatible with your specific software. Print copies, stuff envelopes and mail to the Government and recipients. Purchase Software-Compatible Forms >

Specialized 1099 Software: Easily print all copies of 1099-MISC forms with specialized software that will also e-file payer copies. To print payer and recipient copies, purchase forms compatible with the software. Print copies, stuff envelopes and mail. Shop for Specialized 1099 Software >

Online  1099MISC Filing: E-file payer copies and print and mail recipient copies with an online system – no software or forms to buy! Some services print and mail recipient copies for you, others allow you to print your own. Sign up for Online 1099 Filing >

 

Selecting the Right 1099 Forms 

1] Which 1099 Form to Use
1099-MISC is used for contractors, subcontractors, consultants and other individuals to whom you have paid $600+ during the tax year. Other 1099 Forms are available. Shop for 1099 Forms>

1099 MISC Forms for Contractors2] Number of Parts Needed
The number of parts you need for a 1099-MISC is based on where you need to file government copies: Federal only, State or City

Copy A: Federal Copy for the IRS
Copy B: Recipient Copy
Copy C/2: Payer Copy and Recipient Copy **New form in 2015
Copy D/1: State and City

3] Type of Forms
Your software will print on either:

Pre-printed 1099MISC forms – software will print only the recipient and payer data

Blank perforated 1099MISC paper – software will print the entire form at once, including boxes and labels with the recipient and payer data.

Don’t forget 1099 Envelopes or 1096 Forms if you’re printing and mailing your own forms!

If you use QuickBooks, read our blog post: How to Print 1099 Forms from QuickBooks >

 

1099 State Requirements

3-Part States:

AK, CO, FL, IL, KY, MD, ME, MI, NH, NJ, NM, NV, OH, RI, SD, TN, TX, VT, WV, WY

4-Part States:

AL, AR, AZ, CA, CT, DE, DC, GA, HI, IA, ID, IN, LS, LA, MA, MN, MO, MS, MT, NC, ND, NY, NYC, OK, OR, PA, SC, UT, VA, WI

Read more about 1099 Copy Requirements >

 

Don’t forget 1099 Envelopes. 

Order compatible envelopes to ensure mailing information aligns correctly in the windows.

Buy 1099 Envelopes > 

Order 1096 Transmittal Forms 

When mailing Copy A forms to the IRS, include one 1096 form for each payer.

Buy 1096 Forms>

To easily file 50 or less forms, Online Filing could be great option! Visit DiscountEfile.com for more information.

 

1099-MISC for Contractors Deadlines for 2016

**1099-MISC Copy A Due Date has Changed for Contractors 2016** 

2016 Federal 1099-MISC Copy A, the red one, must be e-filed or mailed to the IRS by January 31, 2017 when Box 7 has Non-Employee Compensation

Businesses no longer get extra time for e-filing or mailing paper forms.

 

Other 1099 Filing Deadlines for 2016

January 31, 2017 - Recipient copies
February 28, 2017 – Paper Copy A and Transmittals mailed to the IRS or SSA
March 31, 2017 – E-file Copy A to IRS or SSA

Most states have the same deadlines as the Federal government.

 


Comments are closed.