Can turbotax help me issue a 100-NEC to my contractors

[do_co]

its the first year i have had contract people working for me for more than $660. i need to send them a 1099-NEC asap but i cannot figure out if turbotax can help me or where it is...

[ColeenD3]

Yes, you can file the 1099-NEC through TurboTax. These forms were due on January 31, 2022. If a business fails to issue a form by the 1099-NEC or 1099-MISC deadline, the penalty varies from $50 to $270 per form, depending on how long past the deadline the business issues the form. There is a $556,500 maximum in fines per year. If a business intentionally disregards the requirement to provide a correct payee statement, it's subject to a minimum penalty of $550 per form or 10% of the income reported on the form, with no maximum.

How do I create W-2 and 1099 forms for my employees or contractors?

You can use TurboTax Self-Employed, TurboTax Self-Employed Live, TurboTax Home & Business for Windows, and TurboTax Business to create W-2 and 1099 forms (including 1099-NEC and 1099-MISC) for your employees and contractors.

Instructions for TurboTax Self-Employed and TurboTax Self-Employed Live

Instructions for TurboTax Home & Business CD/Download software

Instructions for TurboTax Business

[do_co]

thank you. 

[do_co]

yes, thank you . the links worked great.