Why Choose TaxBandits?
Quick and Easy to Use
No need for any software download. With our cloud-based application, you can easily complete your and file your 1099 MISC in a few minutes.
Federal, and State Filing
TaxBandits provides you with an option to file your 1099 MISC electronically with both the IRS and the required State agencies.
Deliver Recipient Copies
You can choose to send the 1099-MISC copies to your recipients via postal mail or through secure
online access.
Print or Download Copies
Your Forms are stored on a secure server, you can access your form copies in PDF format from anywhere at any time.
Create a Printable Form 1099-MISC in 3
Simple Steps
Frequently Asked Questions
What is Form 1099-MISC?
Employers use Form 1099-MISC to report miscellaneous Information to the IRS. Form 1099-MISC should be used to report payments made for rent, fishing boat proceeds, medical and health care payments, prizes, awards, and more.
Click here to learn more about IRS Form 1099-MISC
How to fill out Form 1099-MISC?
Form 1099-MISC contains 17 different fields. Boxes on the left side of the form require the payer and recipient information such as Name, Address, City or Town, State, Postal Code, Phone Number, and TIN.
Boxes on the right require information about the payments and withholdings.
- Box 1: Rents
- Box 2: Royalties
- Box 3: Other Income
- Box 4: Federal Income Tax Withholding
- Box 5: Fishing Boat Proceeds
- Box 6: Medical And Health Care Payments
- Box 7:Payer made direct sales totaling $5,000 or more of consumer products to a recipient for resale.
- Box 8: Substitute Payments In Lieu Of Dividends Or Interest
- Box 9: Crop insurance proceeds
- Box 10: Gross proceeds paid to an attorney
- Box 11: Fish Purchased for resale
- Box 12: Section 409A deferrals
- Box 13: Excess golden parachute payments
- Box 14:Nonqualified deferred compensation
- Box 15 to Box 17: Report state or local income tax withheld from the payments
Learn more about Form 1099-MISC Instructions to file Form 1099-MISC
When is Form 1099-MISC due date?
Form 1099 MISC recipient copy deadline is January 31, 2025 for the 2024 tax year. If you are reporting payments in box 8 or 10, the deadline is February 15, 2025. If you choose to file paper forms, the deadline is February 28, 2025. The electronic filing due date is on March 31, 2025.
Note: IRS Recommend filing 1099 MISC electronically for quick processing and instant approval.
Get started with TaxBandits today to e-file Form 1099-MISC before the deadline and avoid any unnecessary penalties
What are the different copies of Form 1099-MISC available?
There are five different copies Filers must complete these copies when filing Form 1099-MISC:
- Copy A : This must be filed with the IRS
- Copy 1 : This copy must be filed with the State tax department
- Copy B : This copy goes to the recipient
- Copy 2 : This copy must be furnished to the recipient
- Copy C : This copy is for the payer’s records
Simply Get started with TaxBandits and Deliver your recipient copies on time.