1099s are required to be mailed to independent contractors and filed with the IRS by the last day of January.
Not everyone receives a 1099, and they are not required for tax filings, provided all income reported on 1099 is reported on the 1040.
In order to provide a 1099 to your contractors, we must have their current address, tax ID number, and entity name. This is typically provided on a W-9, which is available from the IRS here.
We encourage our clients to review their vendor list in QuickBooks Online with their bookkeeper and obtain W9s for all their contractors. We can then prepare your 1099s for you.
Unlike a W2, which can be printed on plain paper, 1099s must be filed either electronically or on a specific form. Due to space constraints, we aren’t able to retain forms for past years.
For more information regarding 1099s for your company. please reach out to your bookkeeper or call the main office at 801-692-0032.
Donna Harris holds a BSci in Accounting and is the owner of Bookkeeping Made Simple. She is currently pursuing her MBA and expects to complete that in June, 2022.
Donna Harris, BSci Accounting, MBA, founded Bookkeeping Made Simple with the understanding that small businesses is the heart of the American economy. After offering to do books for a friend who said he didn't have enough work to keep someone in the office 20 hours a week, she recognized the need for an efficient, online system. She has 20 years of bookkeeping and accounting experience and is excited to help small business owners achieve their goals. She enjoys spending time with her family and traveling whenever possible. She also loves reading, hiking, camping, cooking, yoga, and fitness. A huge believer in lifelong education, she is currently working on her master's in Accounting.