FAQs for 1099 Compliance

  • Q: Who needs to file a 1099-NEC?
    A: Any business that paid $600+ to contractors, freelancers, or non-employees for services.

    Q: What about 1099-MISC?
    A: Use 1099-MISC for rent payments, legal fees, and certain prizes or awards.

    Q: Do you provide W-9 forms?
    A: Yes! I’ll review, request, and track them from your payees.

    Q: When is the IRS deadline?
    A: All 1099-NEC and 1099-MISC forms must be filed by typically by the end of January after your prior year end.