Your guide to 1099s for 2020 taxes | QuickBooks Online
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Your guide to 1099s for 2020 taxes | QuickBooks Online
This pre-recorded webinar will go over how to make sure your account is set up and ready to file 1099s for your vendors. Whether you are filing electronically or manually, this webinar will assist you with your 1099 filing for 2020 taxes in QuickBooks Online.
Jan 15, 2021
1099s Explained
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Melissa San Roman on Instagram: "Here’s everything you need to file 1099s the right way 👇 Your Business Info: • Your business legal name • Business address • EIN (or SSN if you don’t have an EIN) Contractor Info: • Contractor’s full legal name • Contractor’s mailing address • Contractor’s SSN or EIN (from a W-9) Payment Info: • Total amount paid to each contractor Correct form matters: – 1099-NEC → services ($600 or more) – 1099-MISC → rent, prizes, other income Deadlines you can’t miss: - Send
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Melissa San Roman on Instagram: "Here’s everything you need to file 1099s the right way 👇 Your Business Info: • Your business legal name • Business address • EIN (or SSN if you don’t have an EIN) Contractor Info: • Contractor’s full legal name • Contractor’s mailing address • Contractor’s SSN or EIN (from a W-9) Payment Info: • Total amount paid to each contractor Correct form matters: – 1099-NEC → services ($600 or more) – 1099-MISC → rent, prizes, other income Deadlines you can’t miss: - Send
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