• Independent Contractors & Form 1099-MISC

  Filed under Business Management Tips, Insider Tips, Money Out, Special Transactions
  Dec 8
  With the end of the year upon us, there’s a lot of year-end recordkeeping that needs to get done. Among the tasks to be handled is issuing Forms 1099-MISC to your independent contractors.

  This video will show you how to use QuickBooks to make it a breeze, even if your records are less than complete. You’ll learn what you need to do now so you can get it all done well before the January deadline.

  

  Resource Links

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  Independent Contractor (self-employed) or Employee? – helpful info from the IRS website

  Downloadable Form W-9 – fill-in and printable

  Forms 1099-MISC from Amazon

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  Tagged as: 1096, 1099, 1099-MISC, employee, IC, independent contractor, payroll, subcontractor, tax
  
  5 Comments

5 Responses to “Independent Contractors & Form 1099-MISC”

1. 

   Saundra said on January 27th, 2010 at 5:17 pm

   Gabriel,

   I so appreciate your web site and the information that you have provided. I use Quickbooks for our tiny. We used 5 employees last year. I need to get the information to print out their W-2′s. I do not subscribe to the assisted payroll so cannot use the function that allows me to print them directly from QB’s. Is there a report that can be created that will give me the information that I need?

   Thank You,
   Saundra

2. 

   Gabrielle Fontaine said on January 28th, 2010 at 8:55 am

   Hi Saundra,

   If you are not using QuickBooks Payroll add-on services, but have been using the payroll function within QB manually, you can simply run a Payroll Summary report to see all the info you’ll need to include on the W-2s, assuming you have set up all your employees completely.

3. 

   Maxie Woudenberg said on October 8th, 2010 at 7:38 am

   Wouldn’t this only be relevant in America?

4. 

   Gabrielle Fontaine said on October 8th, 2010 at 8:56 am

   Yes, this is a feature for the American version of QuickBooks. There are variations for versions for Canada, UK and Australia.

5. 

   Delores said on January 12th, 2011 at 3:01 pm

   Gabrielle:
   Thank you so very much, after your presentation on form 1099 I can say I did my year end 1099′s correctly.

   It is a great feeling knowing that you have completed your task correctly, thanks so much for your confirmation.

   Thanks
   Delores

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