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Level 2
January 19, 2020
Question

1099-misc for subcontractor.

  • January 19, 2020
  • 1 reply
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I will be receiving a 1099-MISC for work.  How do I pay the subcontractor I hired to help me?  

 

1 reply

VolvoGirl
Level 15
January 19, 2020

First of all you need to use the Online Self Employed version or the Desktop Home & Business program.

 

If you paid anyone $600 or more you need to give them a 1099Misc.  But not to corporations or for merchandise. You send the IRS a copy of the 1099Misc with the transmittal summary form 1096. These are due to the person by Jan 31 and to the IRS by Jan 31 also.

 

That is Contract Labor on Schedule C line 11.

 

How to enter Contract Labor

https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-contract-labor/00/27407

VolvoGirl
Level 15
January 19, 2020