1099 Software and E-Filing 1099 Forms

1099 Software and E-Filing 1099 Forms

In this post I will be talking about efiling 1099 forms using a 1099 tax software that supports this feature.

• Start by running the 1099 software program.
• Open the company that you want create the e-File submission for.
• From the menu click E-Filing and then select the type of 1099 form that you want to file, say for example 1099-MISC.
• Populate the following fields:

1. Transmitter Name Line 1
2. Transmitter Name Line 2
3. TIN.
4. TCC.
5. Company Name Line 1
6. Company Name Line 2
7. Company Address.
8. City
9. State
10. Zip Code.
11. Whether the file type is test or not.
12. Output file name
    

Click OK.

The 1099 e-Filing software will now generate a file that can be sent to the IRS. All electronic filing of information returns are received at the IRS via the the Filing Information Returns Electronically System (FIRE). To connect to the FIRE System, go to http://fire.irs.gov/. The system is designed to support the electronic filing of information returns only.
Good Luck!
Rob

Importing 1099 Forms Data to 1099 Software

Importing 1099 Forms Data to 1099 Software

In this post I will be talking about importing 1099 Data to 1099 software.

• Start the 1099 software by clicking the shortcut on the desktop.
• Click on “Import Data” from the menu.
• Select 1099-MISC Forms.
• Set the separator Options.
• Select the input CSV file to import from.
• Select Fields inside 1099 software
  Recipient's Identification number
  Recipient's Name (Line One)
  Recipient's Name (Line Two)
  Recipient's Address1
  Recipient's Address2
  Recipient's City
  Recipient's State
  Recipient's Zip Code
  Account Number
  Box 1 (Rents)
  Box 2 (Royalties)
  Box 3 (Other income)
  Box 4 (Federal income tax withheld)
  Box 5 (Fishing boat proceeds)
  Box 6 (Medical and health care payments)
  Box 7 (Nonemployee compensation)
  Box 8 (Substitute payments in lieu of dividends or interest)
  Box 9 (Payer made direct sales of $5000 or more...)
  Box 10 (Crop insurance proceeds)
  Box 13 (Excess golden parachute payments)
  Box 14 (Gross proceeds paid to an attorney)
  Box 15a (Section 409A deferrals)
  Box 15b (Section 409A income)
  Box 16 (State tax withheld) Line 1
  Box 17 (State/Payer's state no.) Line 1
  Box 18 (State income) Line 1
  Box 16 (State tax withheld) Line 2
  Box 17 (State/Payer's state no.) Line 2
  Box 18 (State income) Line 2
  2nd TIN not.
  
• Click on the import button.
• Review the information inside the 1099 Software
• Congratulations, the 1099 forms import is complete.
  

Rob