Yes. Accountants and business owners who need to send out 1099-MISC forms – even from 2018 – can access free fillable 1099 MISC form 2018 from the IRS’s website. Users may also use this file as a free printable 1099 form 2018.
Here’s the real question: Should you use the free printable 1099 form 2018 from the IRS? For some small businesses, this may make sense. If you’ve only needed to hire one or two contracted workers during a year, it may be more economically savvy to simply use one or two online copies of the form, fill them out online, and buy the required copies from an office supply store. Slightly larger businesses, however, may want to rethink this strategy.
Free fillable 1099 MISC Form 2018s are useful, but if you have dozens of W-2 employees and 1099 contractors, investing in an accounting software is the better option. You may end up paying more in the short term, but you’ll save on time, stress, and any fees and fines the IRS levies on late filings.
Can I Still File a 1099 MISC 2018?
Before getting into the importance of accounting software, we should answer this essential question. Yes, you can – and should – still file any outstanding 1099 forms from 2018. The statute of limitations on most 1099 forms is three years. This means that the IRS has until January 31, 2022 to fine you or your business. If you haven’t submitted a 2018 1099, the safest option is to file as soon as possible. However, keep in mind that the 1099 2018 looks a bit different from the 1099 2020. As you file these forms, take your time – a mix-up could result in a fine.
Free Fillable 1099 MISC Form 2018 isn’t for Everybody
For some businesses, using the free fillable 1099 MISC form 2018 from the IRS will make sense. For others, though, it will cause a headache. If your business has more than 10 employees and/or contractors, you’ll need a more robust accounting solution. We think AMS has the exact software for your needs.
Our W-2/1099 Forms Filer, the required platform in our suite, is useful for businesses of all sizes. It allows users to enter 1099 and W2 information right into the software, then export to file. Selected fields can be calculated, and a Common Payee File allows the user to select a Payee across all payers. This eliminates the need to enter the same information more than once. Furthermore, forms can still be printed on pre-printed forms, they can be software generated, and data is automatically saved through the 1099 software. This ensures your data is never lost.
We know that most folks who are looking for free fillable 1099 MISC form 2018’s are trying to save money. But with a tool as powerful as AMS, the time and energy you save on your annual filings will more than make up for the marginal price. Plus, with a streamlined system in place, you’ll be less likely to miss or incorrectly file a 1099 in the future. Save on both money and time in the long run with solutions from AMS.