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New Member
posted Jan 9, 2024 11:26:17 AM

I use an independent contractor and need to provide them with a form 1099 NEC. Is turbo tax set up to prepare and efile form 1099 NEC?

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3 Replies
Level 15
Jan 9, 2024 11:31:09 AM

Do you have a business or are you a homeowner or landlord for a rental property?

If you are a homeowner or a landlord for a rental property you do not need to provide an independent contractor with a Form 1099-NEC.

New Member
Jan 9, 2024 2:47:25 PM

I have a business and am required to file form 1099NEC for independent contractors. My only question is when will turbo tax turn on efiling for 1099’s. 

Level 15
Jan 9, 2024 3:03:06 PM

We don't know.  They are not due to the IRS until Jan 31.  You can still print out the copies to give to the individuals.  

How to prepare 1099Misc & W2
https://ttlc.intuit.com/community/forms/help/how-do-i-create-w-2-and-1099-forms-in-turbotax/00/25869

 

You can prepare W2 and 1099NEC & 1099MISC in either the Desktop Home & Business program or the Online Premium version.

 

For Online Premium:
Sign in to TurboTax.
Select Tax Home from the left menu (you might already be there).
Scroll down and select Your account.
Select Create W-2s and 1099s.
This will log you in to Quick Employer Forms.
Follow the instructions to create forms online for your employees or contractors.