Is Software as a Service 1099 Reportable

For your business, the answer is no. Your business must file 1099 forms to report non-employee compensations. These services can range anywhere from paying independent contractors $600 or more to reporting awards, prizes, and rents. Do not get confused with what software vendors must report. Vendors that offer software with an established time limitation — in other words, renewal requirements — must treat your payment as rental income. They report rental income from your business in Box 1 of Form 1099-MISC, but you do not.

We generate 1099s and other related forms with our W-2/1099 Forms Filer for your other needs. Download our free demo software to see which modules can complement your requirements along with our base program.

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.