1099 Federal Filing
1099 forms are filed annually by businesses or individuals to report various types of payments they make throughout the year, such as non-employee compensation, third-party network transactions, and more, to the IRS.
Based on the type of payment, you must choose and file the applicable form. Here are some of the commonly used 1099 forms and their purpose.
- Form 1099-NEC - Used to report the payments made to non-employees, such as independent contractors, freelancers, etc.
- Form 1099-MISC - Used to report the miscellaneous payments made, such as rents, prizes, awards, royalties, Medical and health care payments, etc..
- Form 1099-K - Used to report the transactions made through online payment cards and third-party networks.
To learn about the other 1099 forms, click here
Once e-filed, you can get the IRS status of your 1099 forms via Webhooks (if configured). Click here to learn how to set up Webhooks to receive e-file status.