1099-MISC Accounting Software

Small Business Software for 1099 Preparation

You are required to file IRS Form 1099-MISC to report compensation to vendors for goods and services to the IRS annually. You generally have to file a 1099-MISC form when you pay a vendor $600 or more in the year, although there are some exceptions to this rule. The filing threshold is subject to change, increasing or decreasing at any time, so it's advisable to visit the IRS's website at www.irs.gov to ensure that you understand the filing threshold and other requirements. The 1099-MISC form is not an income tax return; it is an informational return where you report payments you make to vendors. While most accounting software programs will be able to prepare 1099s, you will find a few programs that can help you below: 

1
Real Tax Tools' 1099 Software

1099-MISC tax form

Real Business Solutions develops accounting and tax software for small business owners, which includes 1099 preparation software. You can create, file, and print 1099-MISC with Real Business Solutions' software. You can visit Real Business's Solutions website here for more information about preparing 1099's using their software, including a demo, pricing, and other pertinent information.  More

2
Zoho Books' 1099 Software

 Zoho Books' is a cloud-based accounting software program for small businesses. Zoho Books has a detailed tutorial on how to prepare 1099s using their small business accounting software. You can visit Zoho Books' website here for more information about preparing 1099's using their software, including a demo, pricing, and other pertinent information.  More

3
Greatland Yearli Software

yearli.greatland.com lets you enter your 1099-MISC information online and then file the forms electronically with the IRS and your vendors. You can import the 1099 data from your accounting software if your software is compatible with FileTaxes.com's system. You can visit Yearli's website for more information about preparing 1099's using their software, including a demo, pricing, and other pertinent information. 

4
Greatland 1099 software

Greatland specializes in W-2 and 1099 reporting for  small- to mid-sized business. You can import your accounting software data into Greatland's website and then e-file your 1099-MISC forms with the IRS and have them mailed directly to your vendors. You can visit Greatlands website here for more information about preparing 1099's using their software, including a demo, pricing, and other pertinent information.  More

Be Sure to File Your 1099-MISC Forms

You will want to make sure that you understand the filing requirements for the 1099-MISC forms and file them timely with the IRS. The penalties for non-compliance, especially failing to file or filing late, can be rather substantial, especially relatively to the time it takes to prepare the return. Therefore, you will want to invest the time and energy into learning how to file the returns and preparing yourself to file so that you can do this timely. You can find more information about the filing requirements for the IRS Form 1099-MISC here. Alternatively, you should contact a qualified tax professional if you have any questions about your responsibility to file or filing requirements for this tax form or any other tax forms. Most accounting software programs, such as QuickBooks, can be set up to easily file these 1099 forms so take the time to learn how to do this so you do not run into issues at the end of the year when the form is due.