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May 28, 2021
Question

1099 MISC

  • May 28, 2021
  • 3 replies
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How can I create and file 1099s for my employees and/or contractors?  I have downloaded the 2019 home and business but the portal to create and file the 1099 takes me to the 2020 1099 NEC.  

    3 replies

    DoninGA
    Employee
    May 28, 2021

    The Form 1099-NEC is now used for reporting payments to contractors and other self-employed individuals.  The Form 1099-MISC is no longer used for those type of payments.

     

    An employee does not receive a 1099-NEC.  You should be reporting an employee's wages, federal taxes withheld, Social Security, Medicare wages and taxes on a W-2.

    Critter-3
    May 28, 2021

    2019 ???   Oh you are really late ... expect penalties.  You cannot use the portal since it only goes to the 2020 forms ... instead try  the built in W2/1099 Reporter in Windows Home & Business program  ... You have to print and mail them.  

     

    1. Launch TurboTax Home & Business.
      • If you're already working on a tax return, you'll need to close it. Select New Tax Return from the File menu in the upper-left corner, then answer Yes to save the return you currently have open.
    2. Select the Prepare W-2/1099.
    3. On the next screen, click Choose Desktop and follow the instructions.

    Related Information:

    VolvoGirl
    Employee
    May 28, 2021

    Do you have Home & Business for Windows or Mac?  Mac only uses Quick Employer Forms Online which is only for 2020 now. If you have Windows Home & Business you can still create them on your computer.  Windows has 2 options....Quick Employer Forms and a built in W2/1099 program.

     

    2019 Blank Forms

    1099Misc

    https://www.irs.gov/pub/irs-prior/f1099msc--2019.pdf

     

    1099Misc Instructions

    https://www.irs.gov/pub/irs-prior/i1099msc--2019.pdf

     

    1096 Transmittal

    https://www.irs.gov/pub/irs-prior/f1096--2019.pdf