You'll need to sign in or create an account to connect with an expert.
If you paid an independent contractor more than $600 during the year, you are required to provide them with a form 1099-NEC and file these forms with the IRS by January 31, 2023.
There are penalties for missing the filing deadline.
You can use TurboTax Self-Employed to prepare and e-file forms W-2 and 1099-NEC.
To prepare forms W-2 and 1099-NEC, follow these steps:
If you both are owners are you filing a separate Partnership Business return or filing 2 schedule Cs in your personal return? What state are you in? Are you asking about preparing the 1099NEC to give to people you paid or to report 1 you got for your business?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
god1kids2-msn-co
Level 2
JohnRic
New Member
cherylcos
New Member
wyattloos
New Member
jagermeister
Level 2