Yes, you may prepare 1099's using Quick Employer Forms from TurboTax Business. To do this, start TurboTax without opening a tax file. Look for "Prepare Employee & Contractor Paperwork" at the bottom. Click the blue button to begin. You have the option to file online or on your computer. Form 1096 will also be e-filed with the 1099's for you.
Read more about Quick Employer Forms here.
Quick Employer Forms is separate from TurboTax, so you will need to enter the contractor expenses directly into the relevant business expense topic in TurboTax Business.
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