What is Form 1099-NEC?
The IRS has introduced a new form for reporting nonemployee compensations. Payers who have made $600 or more to nonemployees and independent contractors as compensation during a tax year must file Form 1099-NEC. Payers will also have to send recipient copies within the deadline.
Visit
https://www.taxbandits.com/1099-forms/what-is-form-1099-nec/ to know more about
Form 1099-NEC.
Benefits of Filing Form 1099-NEC Online
Access the best benefits and E-filing 1099 Forms easily by choosing us as your filing partner. Below are some of the benefits you will get when you choose to file your Form 1099-NEC online.
Instant Filing Status
Get notified as soon as your
return is processed.
Form
Validation
Make sure your return is
error-free
before transmitting.
Mail Recipient Copies
Opt to mail employee copies
on your behalf.
Lowest
Price
File 1099-NEC for the lowest price of
($0.80/form).
Form 1096 for Free
Get Form 1096 for free when you file
1099-NEC online.
Download or Print Forms
Download or print forms anytime
and anywhere.
How to File Form 1099-NEC Online for 2022 Tax Year?
File Form 1099-NEC online by following a few simple steps. It will take only a few minutes to complete the filing process. Below are the steps
that need to be followed:
Fill Out
Form 1099-NEC
Enter the Form 1099-NEC information as you would fill out a physical form. Make sure you have all the required information before
starting to file.
Review Your
Form 1099-NEC
Preview the draft form and make sure you’ve entered the correct information. Our
in-built audit check will also prompt you to correct any errors.
Transmit
Form 1099-NEC to IRS
After review, transmit the return directly to the IRS. You will receive an email once your return is processed
by the IRS.
Form 1099-NEC must be filed every year on or before January 31st. Also, the recipient copies should be furnished before the deadline. If the due date falls on a weekend or federal holiday, the returns can be filed on the next business day.
For the 2022 tax year, the
due date to file Form 1099-NEC is January 31, 2023.
Penalties for not filing
Form 1099-NEC on time
If you miss filing Form 1099-NEC or furnishing recipient copies before the deadline, there will be penalties. The 1099-NEC penalties will vary based on the date the return has been filed. If you file Form 1099-NEC within 30 days after the deadline, there will be a penalty of $50/form. The penalty will increase to $110/form for the returns filed after 30 days but before August 1. It will also increase up to $280/form for the forms filed after August 1.
Other Supported Forms
- Form 1099-MISC, Form 1099-K, INT, DIV, R, S, G, C, B, PATR & other 1099 Form
- Form 1095-B/C, 941-PR, 941-SS
- Form W2, W-2c, W-2PR, W-3
- Form 941, 941-PR, 941-SS
- Form 990-N, 990-EZ, 990, 990-PF & 1120-POL
- Form 8868, Form 8809
Form 1099-NEC Filing Pricing
E-file Form 1099-NEC for the lowest price in the industry! Pay just $0.80 to e-file a return and get Form 1099-NEC for free. You also have an option to mail recipient copies. Below is the pricing details:
| E-Filing Fee | Mail Recipient Copies (Optional) | Form 1096 |
|---|---|---|
| $2.75/form | $1.50/form | FREE |
| E-Filing Fee | Mail Employee Copies (Optional) | Form 1096 |
|---|---|---|
| $2.75/form | $1.50/form | FREE |
Frequently Asked Questions on Form 1099-NEC
Contact Us
Have questions regarding Form 1099 NEC Online Filing? Contact us at support@taxbandits.com
