How to File 1099-MISC with IRS

Filing Form 1099-MISC with the Internal Revenue Service has not changed significantly in the past several years. Complete and file 1099-MISC forms with the IRS using the following guide.

Box 1 – Report rent figures of $600 or more that anyone pays you. These may include renting for office space, machinery, farmland, or pasture.

Box 2 – Report $10 or more of royalties (e.g.: copyrights, patents, trademarks) that you receive.

Box 3 – Enter additional, unrelated income of $600 or more (e.g.: monetary prizes or awards).

Box 4 – Input the figure withheld for an individual who has not provided a TIN. Use the box to report anyone who is subject to backup withholding.

Box 7 – Enter an “X” if you made direct sales of consumer products valued at $5,000 or more. Do not enter a dollar figure when you file a 1099-MISC with the IRS.

There are certain exceptions now for when you should use Form 1099-MISC. Employers report non-employee compensation of $600 or more on Form 1099-NEC for 2020 or later. Review the back of physical 1099-MISC forms if you need a description of what each box represents.

Employers may choose to file their 1099-MISC forms via software. Generate your forms with our W-2/1099 Forms Filer software. Call us today at (405) 340-0697 or schedule a free demo.

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