topic Re: How to report 1099-NEC to IRS? in Retirement tax questions

How to report 1099-NEC to IRS?

ljwdc — Mon, 22 Feb 2021 15:07:48 GMT

I have a small business and paid a contractor for the first time in 2020 (payment was more than $1,000). I couldn't figure out how to do the 1099-NEC through turbo tax, so I sent her a 1099-NEC that I did manually. I have already filed my taxes through Turbo tax. How do I now submit this 1099-NEC to the IRS?

Re: How to report 1099-NEC to IRS?

ToddL99 — Mon, 22 Feb 2021 15:27:40 GMT

Mail it to the appropriate address shown in the screenshot below (from General Instructions for Certain Information Returns).

IRS Section 6071(c) requires you to file Form 1099-NEC on or before February 1, 2021, using either paper or electronic filing procedures. (from 2020 Instructions for Forms 1099-MISC and 1099-NEC)

Re: How to report 1099-NEC to IRS?

ljwdc — Mon, 22 Feb 2021 15:55:07 GMT

Thank you so much-this is what I needed! I had been reading and reading the IRS website and for some reason could not find this.

Re: How to report 1099-NEC to IRS?

Ses1913 — Mon, 31 Jan 2022 01:14:06 GMT

Hi, I'm struggling with this for 2021. I just completed two 1099-NEC for the people I paid more than $600 to. Before, when I did this several years ago, I had to report to the IRS, the total amount of the 1099's I issued via a form. I can't seem to locate the form or find it in my 2021 Turbo Tax home and business edition. Can you please direct me? thanks.

Re: How to report 1099-NEC to IRS?

VolvoGirl — Mon, 31 Jan 2022 01:22:55 GMT

Are you using the Desktop Home & Business program? For Windows or Mac?

For Windows you can prepare and file them 2 ways, using online Quick Employer Forms or using the built in W2/1099 reporter on your computer. Which did you use?

For Mac Home & Business you can only use the Online Quick Employer Forms. In Quick Employer Forms you only efile the 1099NEC and 1096 transmittal form to the IRS.

Re: How to report 1099-NEC to IRS?

Ses1913 — Tue, 01 Feb 2022 05:31:34 GMT

Thank you! That's the form I was looking for.