![]() Here is how to make sure you get your 1099’s filed correctly using it.ġ. Quickbooks Online (QBO) bill pay is a popular service to pay your contractors if you also use the quickbooks accounting program. How to File 1099’s if I use Quickbooks Online Bill Pay to pay my subcontractors? There is likely a short approval you need to do before submission can be completed. If you use one of these tools (or another software platform) and are unsure, reach out to their support team. Most popular payroll services, including Gusto, ADP, Paychex, and Paylocity should be filing a 1099 form for you to the IRS and sending a copy to your contractor. How to File 1099’s if I use to pay my subcontractors? You can sforms, so follow one of the below guides to fill in the gaps. To add in extra vendor payments into ADP, upon further review as of right now I do not know if there is a way to do that outside of doing it upon setup of your whole account. Like Gusto, ADP will file 1099 forms for you automatically in early January.Īlso - switch to gusto from ADP. How to File 1099’s if I use ADP to pay my subcontractors? If you have more than that there is likely a faster way so keep reading. I recommend adding in outside payments to gusto this way if you have under 50 of these payments. The deadline to submit historical payments is early/mid January, so you should do it in December. This will get all your 1099 info into Gusto, then by Jan 31 they will submit for you. This won’t debit and cash from your account. To do that, go to “Pay Contracts” go to the change the date to the date it was paid, and switch Payment Method to Historical Payment. If you paid contractors mostly through Gusto, but a few times sent a check or a venmo, add those few times you paid outside of Gusto in to Gusto. They do it for you for all payments made through Gusto. Lucky for you, you have a nice fancy payroll system, and so you do not have to do anything. If you have further questions after reading, feel free to set up a meeting with us (link to set up meeting) or shoot us a dm on twitter How to File 1099’s if I use Gusto to pay my subcontractors? ![]() If you do not have that done, start there then come back to this part. Īll of these instructions assume you already have all of the required information listed above in the “What information do I need to file a 1099 form for a subcontractor” section. These days there are a million ways to pay your subcontractors, which is great because it speeds up business, but is a pain because it creates more to keep track of.īelow we run through how to actually go through and get your 1099’s filed depending on how you make payments to those you need to send 1099’s to. January 31st each year for the previous year.Ģ022 1099’s are due 2023 1099’s are due 2024 1099’s are due in Jan 31, 2025Īnd on and on forever. This means your taxable income will go up. ![]() How do you get the Name, Address and TIN? Best practice is for all new subcontractors, have them fill out a W-9 form (link to W-9 form Download)Ĭan’t get this information for some reason? Then you should not include their payment as an expense.
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