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Video instructions and help with filling out and completing 1099 subcontractor form
- baby it's just two minutes your two minutes active starts now have you ever checked your business mailbox right before you follow your own tax return and you get a 1099 oh god please no no that's right no no I don't want a 1099 but now you can deliver the same special surprise to all your subcontractors that's right throughout the year you can line them dynam and then 1099 them you get a 1099 and you get it 299 everybody gets a 1099 that's right in this video we're going to talk about track 1099.com track 1099 is a great application for you as a business owner to issue all those beautiful wonderful 1099 s that your subcontractors have been waiting for the day before they file their tax returns and now you can deliver the same amazing experience that you've been experiencing but yet a lot earlier by using track 1099 because it makes it easy and quick to file your 1099 to not only the IRS but the subcontractors but we only have two minutes so let's dive right in okay so here are the basics a for 1099 miscellaneous is the form that you use as a business owner or as a subcontractor to be filed with the federal government and to that subcontractor when you own your own business any time you do business with anyone or any person that you've paid money to throughout the calendar year who needs to receive a 1099 generally this process is very very labor intensive many people do this manually or they rely on their accountant to do it but track 1099 really makes it easy for you to take that process internalize it and fill out the forms and complete them electronically without any headache okay so how does track 1099 work pretty simple you go to track 1099.com there's gonna link in the description below you sign up for a free account they don't charge you for having an account then what you do next is you add in your contractors underneath your payer and you would complete their details you can do this manually through track 1099 you can import in bulk using an excel file or CSV file or if you're using amazing software like Xero you can complete those kind of details inside the zero contact list and then import them directly into track 1099 and once you've completed all the details inside track 1099 all you do is within two clicks you file their 1099 you can select the option to email them there are ten or have it mailed to them so why should you use track 1099 instead of doing this thing manually it's because you like to give people 1099 that's right you get a 1099 and you get a 1099 everybody gets a 1099 now I know that is why you'd like to give 1099 because you'd like to see the reaction on your subcontractors.