topic Prepare 1099 forms in Business & farm

Prepare 1099 forms

stevevenable — Tue, 25 Jan 2022 19:06:46 GMT

I am using TurboTax Home and Business on a Mac and need to prepare 1099 for a few contrators. It seems that the Mac version doesn't support this (?), which I didn't find out until after purchasing since it wasn't noted prior - is there a way to get this done?

Steve

Re: Prepare 1099 forms

LenaH — Tue, 25 Jan 2022 22:04:58 GMT

Yes, there is a way to complete 1099's needed for your 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 even e-files the forms for you.

For more information on Quick Forms, please see Quick Employer Forms.

Re: Prepare 1099 forms

stevevenable — Tue, 25 Jan 2022 23:12:26 GMT

Thanks, Lena, for your reply. I actually kept hunting and was able to locate just what you sent to me shortly before you replied! 🙂 I think I got it all handled.

Would you happen to know, since this wasn't done in direct coordination with my actual TurboTax return file, how I would enter that total amount paid out represented on the 1099s into my business return... would it just entered under contract labor?

Thanks again!!

Re: Prepare 1099 forms

ColeenD3 — Tue, 25 Jan 2022 23:27:33 GMT

Yes, enter any 1099-NEC compensation under contract labor.