1099-MISC season is just around the corner, and I am considering buying software this year to make it easier. In the past I got the free forms that the IRS sends out, but QBDT and QBO don’t print out on them correctly. Does anyone know an inexpensive program that will do this for me? I have looked up options on-line and RealBusiness Solutions – W2 Mate, Track1099 and Yearli all look like possibilities. Has anyone else used any of these? I only do about 30 a years, with all my companies combined. Thanks!
I use this - Quick & Easy by Information Return Systems Inc. Very easy to use. Have used it for over 20 years.
You can purchase Turbo Tax Home and Biz, to do this.
Do you have to purchase it every year, or do you just buy it once? Does it print correctly on the forms the IRS sends out? Lastly, does it cost to do the electronic filing? Thanks!
If you are asking about Turbo Tax, yes, you have to buy it every year. They print out on plain paper, and are IRS approved, so no need to order forms. I don't know the cost to e-file. Bonus, it does save everything from year-to-year, so you don't have to completely reinvent the wheel each year....just add new, and delete those not paid .
Sorry, now I see you were asking Nickey. My bad
You do have to purchase it each year. I do not use the IRS forms, I purchase blank forms - but it prints absolutely fine on those. They do have a version that will print on plain paper: http://www.inforeturns.com/1099w2/windows_unlimited.htm or you can electronically file. I suggest check out the website - they have more info and demos you can review, and all of their pricing information is on there as well.
Hi Casey, not bad at all!!! I appreciate your replying. I'm not as interested in turbo Tax because I assume I would have to create a different company file for each of my clients. But maybe that's fine, too. I will look more at TurboTax as well.
Lisa, yes, you create a company for each client, but that info is saved from year-to-year, as is the 1099 contractor list. So, you only need to edit the company file, to add new or delete old each year. To me, it saves time....but, I understand, it isn't what is best for everyone!
I also wanna buy it, I recently bought a laptop from the Christmas deal, so I wanna know have you bought? if yes then how it is working? Is it worth buying or not?
Look at Drake's Accounting program (which is not the same as its tax program).
You do not have to fully set up a company as such. You enter all the company data on one file. Then data for each employee is entered separately in the company's data file.
From the data entered you can print on plain paper appropriate W-2s, 1099-XX and appropriate 94X reports. Since the forms can change each year or even during the year, you need to purchase a new version each year. For example, notice how the 2020 941 changed from the first quarter to the second. Drake keeps the forms up-to-date for you.
The company and the individual employee payroll data carry forward each year.
You can even e-file through Drake if you have the appropriate credentials on file with IRS.
You may be able to get a fully functioning evaluation version of Drake's Accounting 2019 in the near future.
I have used Tax1099.com and was very pleased with it. They file electronically (no forms to buy) retains info year to year and the cost is very low.
I agree with @denna-little. And you can export info from QuickBooks to expedite the process.
I was in a pinch this past January and in addition to filing 1099non-employee forms (which I already had the paper forms for filing), found I also needed to file 1099Misc forms for some end of the year payments. I found FormSwift in a Google search and it worked well. I was able to complete both forms in one file; they will either email or mail the forms to the recipients and e-file the information return with the IRS.