Deadline to file a 1099 MISC to a subcontractor of mine?

I just realized I paid over $600 for an analysis I recieved for a project I am working on.  Its now March 25th.  It looks like I need to file an 1099 MISC for the work I have paid for. Is there a deadline that this needs to be done by?
Thanks in advance.
    Due to IRS February 29
    penalty is $50 per form

    More info

    Found this
    Can file with the TurboTax Home and Business product

    E-filing your  W-2s and 1099s is available now. After you've created your forms, simply select E-file All at the top of the My Businesses page. The deadline to e-file W-2 and 1099 forms with the SSA and IRS is April 2, 2012.

    More info
      Contribute an answer

      People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

      1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
      2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
      3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
      4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
      5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.