Self employed
There is a way to complete 1099's needed for your independent contractors through a program named Quick Forms. Quick Employer Forms helps small business owners like yourself quickly and easily create W-2, 1099-NEC, 1099-MISC, 1099-INT, and 1099-DIV forms. It asks you easy questions and then completes the forms for you automatically. It also e-files the forms for you.
These forms are not filed with your personal tax return. They are due to be sent out to your independent contractors and the IRS by January 31st.
I suggest filing these forms as soon as possible as there will be a penalty for each form that was sent in late and/or any forms not filed. Please see the penalty guideline below.
In order to access Quick Forms if you used TurboTax Self-Employed Online, please follow these steps:
- Sign onto your TurboTax online account here.
- Scroll down to the bottom of the page and click on Your Account.
- Click on Create W-2's and 1099's.
