Which software is best to generate 1099-MISC forms?
January 4, 2017 11:58 AM Subscribe
I am an officer for a small non-profit in the U.S. In 2016, for the first time, the organization paid at least $600 to certain individuals, and I understand that the organization will need to provide these individuals with 1099-MISC forms by January 31, and that these forms will also need to be provided to the IRS. Can you recommend software to accomplish this task?
A similar question was asked in 2010 but I would appreciate any guidance that is more current. Bonus points for any software that is not terribly expensive and that is relatively easy to use, although I would be willing to pay for something good. We'll be using a PC, not a Mac.
A related question: I also understand that we'll need these individuals to complete Form W-9, but I don't think that would require software - just providing them with blank copies of that form to return to the organization. Is that correct?
A similar question was asked in 2010 but I would appreciate any guidance that is more current. Bonus points for any software that is not terribly expensive and that is relatively easy to use, although I would be willing to pay for something good. We'll be using a PC, not a Mac.
A related question: I also understand that we'll need these individuals to complete Form W-9, but I don't think that would require software - just providing them with blank copies of that form to return to the organization. Is that correct?
We use the Office Depot brand software, LaserLink, which is pretty inexpensive and relatively easy to use. It may not be the best, but it's what they were using before I started here, and I haven't wanted to switch.
If it helps, it is sometimes easier to obtain W9s before you pay people, rather than after (maybe your vendors aren't as cranky as mine).
In addition to sending copies to the IRS, some states want copies of the forms as well, so it is generally a good idea to check that. (I normally check on the state's department of revenue website.)
posted by needlegrrl at 12:47 PM on January 4, 2017
If it helps, it is sometimes easier to obtain W9s before you pay people, rather than after (maybe your vendors aren't as cranky as mine).
In addition to sending copies to the IRS, some states want copies of the forms as well, so it is generally a good idea to check that. (I normally check on the state's department of revenue website.)
posted by needlegrrl at 12:47 PM on January 4, 2017
I don't know if this applies to you but I just checked the other day for myself and it seems the self employment net income level to file federal taxes is now $400. I'm not sure if that would change your requirements.
I don't have a software suggestion but I do know that when I was working for small businesses I just got hand filled out 1099s often from someone's accountant.
posted by Crystalinne at 1:46 PM on January 4, 2017
I don't have a software suggestion but I do know that when I was working for small businesses I just got hand filled out 1099s often from someone's accountant.
posted by Crystalinne at 1:46 PM on January 4, 2017
tax1099.com works with the major desktop/online accounting softwares, does federal and state efilings, and handles mailings to individuals -- all for a few dollars a piece.
posted by glibhamdreck at 5:18 PM on January 4, 2017
posted by glibhamdreck at 5:18 PM on January 4, 2017
Response by poster: Thank you, all! I'll likely give tax1099.com a shot. I appreciate all the replies.
posted by cheapskatebay at 5:36 AM on January 6, 2017
posted by cheapskatebay at 5:36 AM on January 6, 2017
This thread is closed to new comments.
Also yes on just sending blank copies of the form.
posted by Nimmie Amee at 11:59 AM on January 4, 2017