It’s been 2 weeks since the start of year 2012. Since the
beginning of New Year, we have been advising businesses and individuals to
start preparing documents for reporting their informational returns. You have 2
more weeks left to issue a 1099 misc form to your contract workers.
1099 misc form generally titled as ‘miscellaneous Income’ is
the official form which businesses have to issue to their contract workers (non
employees of the firm) for services provided by them and in return the contract
workers were paid $600 and more.
1099 misc forms are issued to contract workers or non
employees of the firm, because they would need the 1099 misc during their
income tax filing. The information provided on Form 1099-MISC includes
non-employee compensation, federal and state income taxes withheld, and medical
and health care payments.
January 31st 2012
is the last date to issue a 1099 misc form to your contractor. You must also
file a 1099 misc form with the IRS. If you are paper filing a 1099 form, then
the due date is Feb 28th
2012 and if you are efiling 1099 misc form, then the due date is April 2nd 2012.
E filing is the most appropriate option when you are filing
for 1099 forms. This is because of many reasons:
- Efiling is quick and easy process
- Efiling is safe and secure
- Efiling saves paper
- Efiling provides IRS confirmation much earlier than paper filing
- Efiling is cost effective.
There are many service providers offering efiling service
for 1099 forms, but personally, I prefer 1099online.com. Their services are
wonderful and offer an easy navigation for 1099 misc efile. If you want to get
your 1099 forms filed in a quick and easy manner along with protecting your
wallet, then definitely opt for 1099online.com
Save time and avoid penalties filing your tax forms.For fillable 1099 forms or any tax form you need you can find it at PDFfiller
ReplyDeletehttp://goo.gl/pdNuRt
You can fill the text fields, add a variety of checkmarks, digitally sign the form and even add pictures. After your pdf form is completed, it can be printed, emailed, faxed or saved on your computer. You can even send fillable pdf forms to your customers, employees, vendors and partners.