1099 Forms Guide & Resources

Everything you need to know about filing 1099s, W-2s, and other tax forms for your business

Overview

TIN Validation

Ensure your data is accurate with our built-in TIN matching capabilites. With 1099Pro Cloud all users have access to real-time and bulk TIN matching capabilties directly in the system, making accuracy and compliance easier than ever. 

Real-Time TIN

Verify recipient Name/TIN combinations and get results instantly with no downtime. With real-time TIN we’ll verify against the:

  • IRS Database
  • Death Master File
  • Office of Foreign Asset Control List  

Bulk TIN Match

Validating all of your recipient data at once is crucial to eliminating potential errors after transmitting. That’s why 1099Pro Cloud offers bulk TIN matching upon import of recipient records. This way you can validate up to 10,000 records at one time, giving you a full view of any errors to correct before creating your forms. 

What information is needed to file a 1099-MISC?

  • Payer name, address, TIN
  • Recipient name, address, SSN/EIN
  • Income category and amounts paid
  • Withholding, if any

Filing Requirements

  • Recipients Copies: January 31st 
  • IRS Electronic Filing: March 31st 

Common Mistakes to Avoid

  • Using wrong form: Don’t confuse 1099-MISC with 1099-NEC (use NEC for non-employee compensation)
  • Incorrect recipient information: Always verify TIN/SSN before filing

Late filing: Penalties range from $50 to $280 per form

Frequently Asked Questions

What is Form 1099-MISC used for?
To report income such as rents, royalties, prizes, and healthcare payments.

How do I know if I should file 1099-NEC or 1099-MISC?
Use 1099-NEC for contractor services, and 1099-MISC for miscellaneous payments.

Do I file a 1099-MISC for landlords?
Yes, if rent payments exceed $600.

Can I eFile multiple 1099-MISC forms at once?
Yes, bulk uploads make high-volume filing simple.

What happens if I file late?
The IRS may impose per-form penalties of $50–$630+.

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