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eFile 1099-NEC Now

Watch this video to learn how to easily and quickly eFile IRS Form 1099-NEC.

How to file 1099-NEC?

Step-by-step instructions to eFile IRS Form 1099-NEC

Step 1

Select Form 1099-NEC

Once you’ve clicked Create Form, choose Form 1099-NEC from the list of available forms.

Step 2

Add Payer

Click the Add Payer button to enter the payer information.

Step 2

Payer Information

Select the type of payer (e.g., individual, business, etc.).Enter the payer’s Name, TIN & address info

Step 2

Add Recipient

Click the Add Recipient button to begin entering the recipient’s information.

Step 2

Recipient Information

Choose the recipient type (e.g., individual, business etc.).
Enter the recipient’s name, SSN/EIN and address.

Step 2

Add Form Details

Add Non-Employee Compensation & Federal Income Tax Withheld details. Review all the details before submission.

Step 2

Select the Necessary Services

Choose the necessary services for your 1099-NEC filing, such as USPS, TIN Match, state filing, or sending recipient copies via mail or email.

Step 2

Submit Form 1099-NEC

After reviewing the form and click the Submit button to file your Form 1099-NEC electronically.

eFile 1099-NEC Now
 

What is Form 1099-NEC?

IRS Form 1099-NEC for 2024 Tax year

Form 1099-NEC specifically reports compensations amounting to $600 or more made to non-employee parties, such as vendors, freelancers, independent contractors, and more. Business taxpayers use this form to report the non-employee compensations made during the course of a year along with the vendor TIN details.

IRS Form 1099-NEC for 2024 Tax year, doesn’t have any regulatory changes compared to 1099-NEC for 2024 Tax Year.

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Requirements

Form 1099-NEC filing requirements

Payer Details

  • Payee Name
  • TIN
  • Address

Recipient Details

  • Recipient Name
  • TIN
  • Address

Federal Details

  • Non-employee Compensations
  • Federal Tax Withheld
  •  

State Filing Details

  • Payer State Number
  • State Tax Withheld
  •  

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Why File 1099-NEC Form online with Tax1099?

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Complete your filing in a few clicks using the new user-interface which is extremely easy to navigate.

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Advanced data checks

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Tax1099 offers IRS-compliant edelivery, print and mail services, and options for downloading and distributing recipient copies efficiently.

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Bulk Upload Template

Save time using bulk data upload templates in excel/csv templates to file multiple returns at once.

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Save more with our tiered pricing structure! Choose from multiple pricing tiers and plans designed to accommodate your filing range.

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We stand ready to assist our customers anytime, anywhere, ensuring that help is always at their fingertips through our live chat and email support.

Pricing

Maximize Savings with Tax1099's Tiered Pricing

Pricing!
Number of Forms 1-20 21-150 151-500 501-1000 1000+
Pricing Tier $ 2.90/form $ 2.19/form $ 1.25/form $ 0.65/form Get a Quote

eDelivery - $0.25/Unit

Print & Mail - $1.85 /Form

W9 Request - $1.00 /Form

Real Time TIN Match - $1.00/Unit

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Deadline to eFile & Send Recipient Copy of 1099-NEC for 2024 Tax Year - January 31st, 2025

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Terms

Penalties for late filing of 1099-NEC

The penalties vary depending on whether the business is small or large. The IRS considers you a small business if your average yearly revenue in the previous three years was $5 million or less.

Here are the penalties for different scenarios: 

Filing Time Penalty per 1099 Form Maximum Penalty per Year (Large Business) Maximum Penalty per Year (Small Business)
Within 30 Days $60 $630,500 $220,500
From 31st Day to August 1st $120 $1,891,500 $630,500
After August 1st or Not Filed $310 $3,783,000 $1,261,000
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State Filing

State & Federal Filing Requirements

The Combined Federal State Filing (CFSF) program allows a part of your federal eFile to be transmitted to the state at no extra cost. Non-participating
states must receive a direct file. Learn more about 1099 state filing requirements

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