How to File 1099 Information for Self-Employed Contractors

Looking for 1099 information about how to file tax forms for a business that uses self-employed contractors? Often, this is the first time an individual will file with the IRS as a payer/employer. This in itself requires a few extra steps in successfully filing your end-of-year tax forms, such as applying for and receiving an employer identification number (EIN).

Simply getting through all these steps by the relevant deadlines can be a feat, but you also want to be able to look ahead to the future. With a software system from Advanced Micro Solutions, you’ll have all your information ready to go from one year to next. (Just because you use self-employed contractors doesn’t mean you’re not concerned with retaining your skilled labor, after all.) Moreover, our platform and add-on module software approach makes it easy to implement additional features as your company grows and new filing requirements start to apply.

That said, we can also accommodate those businesses, employers, and payers who do not discover AMS their first time out. With our powerful data importing functionality—including Excel, form print files, and ordinary text files—you’ll be able to transfer your existing database of 1099 information into your new AMS software solution.

Forms and Deadlines

You’ll need a 1099-MISC form filing for every self-employed contractor to whom you paid $600 or more in the previous calendar year. You’ll also want to use a 1096 cover letter form to integrate the filings for multiple self-employed contractors. These forms must be issued to the recipients by February 1st. Next, the IRS filing copy must be submitted no later than the end of February if you’re mailing out the paper form. Or, you have until the end of March if you’re e-filing.

More than complying with the law, it can important to observe these deadlines to maintain healthy business relations with your contractor workforce. You don’t want these self-employed contractors filling up your inbox with concerns about where their 1099 information is. The beginning of the year may be a particularly busy for tax and accounting professionals, but it’s not like the rest of your business shuts down in the meantime. You want your subcontractors at their motivated best.

W2 and 1099 Information Filing Software from AMS

It starts with our W-2/1099 Forms Filer. This intuitive, menu-driven platform already provides a long list of essential software and data management technologies. We offer superior software resources for data entry, reporting, printing, networking, and security. Eventually, you may look to bring your payroll services in-house with our dedicated module. Or, our Software-Generated Forms can help you print blank filing forms, as well as MICR bank checks.

When you’re ready to e-file, you’ll have multiple options. You can handle all your own paper form filings at no additional cost, or you can mail out your own recipient copies, and e-file an unlimited number of forms for one affordable flat fee with our E-File Direct software. Alternately, you can talk to our third-party filing service about personalized filing support. These third-party services are charged based on the number of forms and types of services you select.

Learn more about what AMS software has to offer your firm by downloading our free software demo or by contacting our Sales and Information team at (800) 536-1099.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.