Get the FREE 1099 Misc Form Online

Fill this form below online now for free

TYPE HERE
1099 Misc
Text
Signature
Checkbox
Initials
Save as Template

Done

  • Send to sign
  • Email
  • Download
  • Print
  • Fax
  • Save to templates

1099-MISC: WHAT IS IT AND WHO FILES IT?

A business files a 1099-MISC (miscellaneous income) for any independent contractor or freelance agent it has paid more than $ 600 in a year for services rendered or more than $ 10 in royalties.

The 1099-MISC is only applicable for trade and business services and not miscellaneous income for non-trade/business services. The $ 600 minimum threshold applies to:

  • rent payments
  • services performed by someone not permanently employed by the company
  • prizes and awards
  • medical and healthcare payments
  • crop insurance proceeds
  • cash payments for the supply of fish
  • payments to an attorney
  • any fishing boat proceeds

The 1099-MISC is also used by organisations who manage trusts of qualified pension or profit-sharing plans of employers.

WHAT IS AN INDEPENDENT CONTRACTOR?

According to the IRS, an independent contractor is anyone a company hires on a contract basis to complete a particular project or assignment.

An independent contractor is not an employee; payment dates are not set and when the project or assignment is complete, the contractors services are no longer needed by the company. Examples include builders, handymen, landscapers, graphic designers, social media consultants, market research agents, attorneys, HR consultants etc.

Note: If you hire an independent contractor through a third-party service, you are not required to submit a 1099-MISC for them. The third-party is responsible for that.

WHAT INFORMATION DOES 1099-MISC RECORD?

In most cases, only Box 7 in the 1099-MISC is filled in to report total payments made to an individual or firm not permanently employed by the company. Other boxes report different forms of miscellaneous income:

Box 1: Rent paid
Box 2: Royalties paid
Box 3: Prize or award money
Box 4: Federal tax withheld
Box 5: Income earned from fishing
Box 6: Money paid for healthcare
Box 7: Money paid to an independent contractor or freelance agent for services rendered
Box 8: Payments of $ 10 or more for substitute payments in lieu of dividends or interest
Box 9: Direct sales of $ 5 000 or more
Box 10: Money paid by an insurance company to a farmer under certain circumstances
Box 11: Foreign tax paid on income listed on the 1099
Box 12: The name of the country to which you paid foreign tax
Box 13: Payments in excess of the golden parachute amount
Box 14: Income paid to an attorney (more than $600)
Box 15 (a&b): Contributions to a section 409A retirement plant
Box 16: Provided only to track state income information
Box 17: State/Payer’s state number
Box 18: State income

DOWNLOAD 1099 FORMS HERE

1099-MISC EXEMPTIONS

Payments that are exempt from the 1099-MISC include:

  • payments to a corporation (including a LLC)
  • payments for merchandise, telecommunication, freight, storage and similar items
  • payments of rent to real estate agents or property managers
  • wages to employees
  • military differential wage payments made to employees while on active duty in the Armed Forces or other uniformed services
  • business travel allowances paid to employees
  • cost of current life insurance protections
  • payments to a tax-exempt organisation
  • payments to homeowners from the HFA Hardest Hit Fund or similar state program
  • compensation for injuries or sickness by the Department of Justice as a public safety officer disability or survivor’s benefit, or under a state program that provides benefits for surviving dependents of a public safety officer
  • compensation for wrongful incarceration for any criminal offense
  • scholarship or fellowship grants

HOW TO FILE THE 1099-MISC

The company

Copy A
Must be filed with the IRS by no later than 28 February; or 31 March if using electronic filing.
Copy B and Copy 2
Must be sent to the independent contractor via mail or hand delivered no later than 31 January.
Copy C
Kept on file by the company
Copy 1
Required by your state tax authority if your state has a state income tax. The filing deadline in most states in America is 28 February. Check with your state department because some state tax departments require earlier filing.

The independent contractor

You receive the 1099-MISC from the company that hired you. You don’t need to submit it again to the IRS. Keep it on file and use it to complete your federal tax return.

PENALTIES FOR NOT FILING THE 1099-MISC

The business owner is responsible for completing a 1099-MISC for each independent contractor who meets the $10 royalties and $600 payment rule during the course of the tax year. The business owner is responsible for providing the independent contractor with a copy and filing the 1099-MISC with the IRS.

Failure to do so will result in a hefty penalty fine; ranging from $30 to $100 per outstanding form. The penalty fee increases the longer the form is overdue. The minimum penalty for blatantly disregarding the obligation to file the 1099-MISC is $250 per statement. There is no maximum amount so the penalty cost will add up the longer the business owner takes to file the form.

WHERE DO YOU GET THE 1099-MISC?

The 1099 forms are pre-printed in triplicate by the IRS and dated. You must use the correct form for the current year; marked on the forms on the bottom in black lettering.

You have the following options:

  • order the forms you need from the IRS and collect from the IRS service centre
  • purchase the forms from the post office or a stationary outlet
  • purchase them online from a reputable source

You can file any 1099 with the IRS using the FIRE System (Filing Electronic Returns Electronically) online.

DOWNLOAD 1099 FORMS HERE

Get the FREE fillable 1099 Misc form online

Start filling in the fillable PDF in 2 seconds. Easy to follow instructions. Just Edit, Fill, Sign, Print, Fax, Download, Email the 1099 Misc form online now...

How to fill out a 1099 Misc

1099 Misc: How to easily complete a 1099 Misc online in 8 Easy Steps.

We have made filling in forms super easy and quick.

Here are the steps you must follow to fill out the 1099 Misc correctly:

  1. As the form loads the first text box will be blinking for your convenient action.
  2. Select the checkbox, text field or other handy tools to Edit your form.
  3. To sign the form select the Signature Box to open the Signature Manager.
  4. To create your signature select an option to Draw, Type, Upload, Webcam scan or Sign with Finger (from your mobile device).
  5. You may also add your Initials or add a Date to the form as required.
  6. For multiple use, save any form in the My Templates folder to access regularly.
  7. Click DONE and export the form via Download, Email or Fax your Document.
  8. You may also opt to Send to Sign your form to countersign.

Additional step by step guide with easy to follow screenshots

  1. As the form loads the first text box will be blinking for your convenient action.
    step-1
  2. Select the checkbox, text field or other handy tools to Edit your form.
    step-2
  3. To sign the form select the Signature Box to open the Signature Manager.
    step-3
  4. To create your signature select an option to Draw, Type, Upload, Webcam scan or Sign with Finger (from your mobile device).
    step-4
  5. You may also add your Initials or add a Date to the form as required.
    step-5
  6. For multiple use, save any form in the My Templates folder to access regularly.
    step-6
  7. Click DONE and export the form via Download, Email or Fax your Document.
    step-7
  8. You may also opt to Send to Sign your form to countersign.
    step-8

Where and How do I get a 1099 Misc for an individual or business?

  • Firstly, simply click on the link below and start filling in the 1099 Misc directly online.
  • 1099 Misc is available for immediate download here.
  • Then,Conveniently fill in all your information as per required on the form.
  • Finally, add your esignature and initial every page.
  • Now, Download the form and send or submit to the relevant party.

Use our free PDF form filler to fill in, edit, sign and request signature’s on your documents. Paperjet is easy to use and is ideal for the 1099 Misc form.

Paperjet is where forms get signed. PDF fill in 1099 Misc form quickly and neatly. Fill out and Sign your form or “Send for Sign” digitally in the browser. Add your common company Templates for getting contracts or Documents signed faster than any other company. From NDA contracts to Government forms you can save time and money using our free online product.

How does it work?

Paperjet turns any PDF or Doc into an editable fillable document in under 2 seconds. You can start the simple process by dragging and dropping the file onto the website or alternatively you can upload it. Our software takes care of the rest by scanning the document and turning the required blank spaces into editable and fillable field boxes. Once your file is converted from a static form into a fillable form in your browser, you can immediately start filling in your details in 2 seconds. Our Send for Signature feature allows documents to be uploaded, scanned by our technology, made fillable without any hassle and within a few minutes be sent out for completing and signing by your customers or simply for completing and signing forms by yourself or your employees in daily or business activities. Our simple and easy to upload and add forms and templates makes it super easy for any professional or company personnel to manage their contracts for digital signatures. Add team members for the whole company to save time in waiting for printers or for clients to send contracts back to them. All documents are online printable.

Why use Paperjet to fill in 1099 Misc form

If you are often stuck trying to use one of those numerous, unreliable printers or software, and you are looking for a dependable site that will allow easy form filling of 1099 Misc form and actually allow you access to it without making commitments, our free tool is just for you.

When using Paperjet you can upload one PDFs for free and try our business package for a 7 day free trial.

We’ve designed our software to easily convert PDFs to fillable forms so on boarding your contracts is a breeze.

Fill and sign your 1099 Misc form online by working with an easy to read template and never again worry about being let down by unreliable sites again.

Paperjet works across all devices and on the most popular browsers. Whether you are using Chrome, FireFox, Opera or good old Explorer, you will be able to access, upload and convert PDF 1099 Miscform via our website.

You also won’t have to worry about the security of your information being compromised. Your data security is important to us and we make it our priority. Creating an account is one way to keep your details and forms safe, and furthermore, our site is SSL encrypted.

Finally, you can access your files from anywhere once you have saved them to the dashboard of your account. The option of emailing or downloading the document allows you to email a copy directly to wherever it needs to be submitted or to save a copy to your desktop. You will also be able to fax your document via the site.

Not only is the use of Paperjet beneficial to the above mentioned persons, it is also highly beneficial for use in the United States of America by the USA Government (Gov) in the completion of any Government form or forms.

Outstanding Features

The features of our free online software will provide you with everything you could be looking for when it comes to filling in any important documents digitally. With 10 free forms a month, you can quickly use this PDF editor to have your documents looking effortlessly professional.

Our software has the following beneficial features:

  • Add a text block for all of your important information, exactly where it will it is needed.
  • Add dates where necessary. This will ensure that your documents can be submitted without delay, on the right day, which is extremely important for example to the Taxpayer when submitting Federal Tax documentation or in any correspondence with the IRS (internal revenue service) such as submitting a IRS Form 2018/2019.
  • Undo and rewrite information. It won’t cost a cent to remove incorrect information and add new wording.
  • Type directly onto the PDF. Our fillable documents allow you to add all sorts of information directly onto the PDF.
  • Add your signature or initials. There is no better way to add your personal touch than with your signature. Now, with our free PDF software, you can do this.
  • Store documents online on your own, personal dashboard. You’ll never have to worry about accidentally deleting important information.
  • Fill in forms anytime, anywhere. You can fill in your form using a variety of means, as long as you have an internet connection. And when you’re done, you can email it directly to wherever it needs to be.

Experience all of these features and more when you use Paperjet. Our free PDF converter is ideal for both personal and commercial use.

Solve all of your PDFs needs in one place. Enjoy a free sample on signing up.

You can rely on Paperjet to turn your PDF files into neat, usable forms and contracts for Signature and close deals faster. Create your account today and enjoy the freedom filing out any form, online, anywhere in 2019 and beyond.

READ MORE
Paperjet
© Copyright © 2019 Paperjet