{"id":15,"date":"2017-01-31T06:34:00","date_gmt":"2017-01-31T06:34:00","guid":{"rendered":"\/irs-form-1099\/post\/2017\/01\/31\/tax-form-1099-misc-due-for-independent-contractors.aspx"},"modified":"2024-11-21T10:31:03","modified_gmt":"2024-11-21T10:31:03","slug":"tax-form-1099-misc-due-for-independent-contractor","status":"publish","type":"post","link":"https:\/\/www.tax2efile.com\/blog\/tax-form-1099-misc-due-for-independent-contractor\/","title":{"rendered":"When is Form 1099-MISC Due? Who do I send it to?"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-family: georgia, palatino; font-size: medium;\">Every business needs some kind of help. Businessmen generally hire people for different operations. For example, graphic designers are hired for creating logos for the business and customer service agents are hired for dealing with the sales. If these individuals are used in the form of contractors, they should be given form 1099-MISC. <\/span><span style=\"font-family: georgia, palatino; font-size: medium; color: #0000ff;\"><a href=\"https:\/\/www.tax2efile.com\/efile-1099-form\/efile-form-1099-misc\/\"><span style=\"color: #0000ff;\">IRS 1099 MISC form<\/span><\/a><\/span><span style=\"font-family: georgia, palatino; font-size: medium;\"> is used by the IRS for businesses to report the payments that they make to people who are not employees but who have been paid in exchange for their services.\u00a0<\/span><\/p>\n<div>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\r\n<div class=\"ez-toc-title-container\">\r\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\r\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\r\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www.tax2efile.com\/blog\/tax-form-1099-misc-due-for-independent-contractor\/#When_is_1099_MISC_Form_Issued\" >When is 1099 MISC Form Issued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www.tax2efile.com\/blog\/tax-form-1099-misc-due-for-independent-contractor\/#10999_MISC_Filing_Due_Date_2016_Tax_Year\" >10999 MISC Filing Due Date 2016 Tax Year<\/a><\/li><\/ul><\/nav><\/div>\r\n<h2><span class=\"ez-toc-section\" id=\"When_is_1099_MISC_Form_Issued\"><\/span><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-80\" src=\"https:\/\/www.tax2efile.com\/blog\/wp-content\/uploads\/2017\/09\/11.-When-is-Form-1099-MISC-Due-Who-do-I-send-it-to.jpg\" alt=\"1099-MISC Due date\" width=\"450\" height=\"315\" srcset=\"https:\/\/www.tax2efile.com\/blog\/wp-content\/uploads\/2017\/09\/11.-When-is-Form-1099-MISC-Due-Who-do-I-send-it-to.jpg 500w, https:\/\/www.tax2efile.com\/blog\/wp-content\/uploads\/2017\/09\/11.-When-is-Form-1099-MISC-Due-Who-do-I-send-it-to-300x210.jpg 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><span style=\"font-size: medium; font-family: georgia, palatino;\"><strong><span style=\"line-height: 115%;\">When is 1099 MISC Form Issued?<\/span><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-size: medium; font-family: georgia, palatino;\"><span style=\"line-height: 115%;\">1099 MISC form <\/span><span style=\"line-height: 115%;\">is issued to someone in following situations:<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: georgia, palatino; font-size: medium;\">The contractor is paid $600 or more in 2016 tax year.<\/span><\/li>\n<li><span style=\"font-size: medium; font-family: georgia, palatino;\">Minimum $10 is paid in broker payments or royalties in lieu of tax-exempt interest or dividends.<\/span><\/li>\n<li><span style=\"font-size: medium; font-family: georgia, palatino;\">$600 or more is paid for services, rents, awards and prizes, health care and medical payments, other income payments, cash payments and payments made for the national principal contract to estates, individuals or partnerships.<\/span><\/li>\n<li><span style=\"font-family: georgia, palatino; font-size: medium;\">$600 or more is paid to a lawyer<\/span><\/li>\n<\/ul>\n<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-size: medium; font-family: georgia, palatino;\"><span style=\"line-height: 115%;\">IRS 1099 MISC <\/span><span style=\"line-height: 115%;\">is also used for reporting direct sales of minimum $5,000 of different consumer products to buyers for resale anywhere excluding permanent retail establishments. In addition to this, you will have to file form 1099-MISC for every individual from whom you have withheld some kind of <span style=\"color: #0000ff;\"><a href=\"https:\/\/www.tax2efile.com\/efile-1099-form\/\"><span style=\"color: #0000ff;\">federal tax income<\/span><\/a><\/span> under backup withholding regulations irrespective of the amount you have paid.<\/span><\/span><\/p>\n<h2 class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span class=\"ez-toc-section\" id=\"10999_MISC_Filing_Due_Date_2016_Tax_Year\"><\/span><span style=\"font-size: medium; font-family: georgia, palatino;\"><strong><span style=\"line-height: 115%;\">10999 MISC Filing Due Date 2016 Tax Year<\/span><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-size: medium; line-height: 115%; font-family: georgia, palatino;\">The 1099 MISC should be in the hands of the recipients by 31<sup>st<\/sup> January 2017. Nevertheless, if any substitute payments have been made in lieu of any proceeds or dividends to a lawyer, you have time till 15<sup>th<\/sup> February 2017 for getting the 1099 forms in the hands of the recipients. An important factor to consider in this circumstance is the mailing time. In case you are filing form 1099-MISC manually and you find no data in Box 7, you have time until 28<sup>th<\/sup> February 2017 for getting Copy A to the IRS. You have got time till 31<sup>st<\/sup> March, 2017 for getting Copy A to the Internal Revenue Service if you are filing form 1099-MISC electronically and you do not find any data in Box 7. In all circumstances, it is necessary for you to have the correct idea about <span style=\"color: #0000ff;\"><span style=\"color: #0000ff;\">1099 MISC deadline<\/span><\/span>. The 1099 MISC filing deadline is important in order to avoid penalties.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-size: medium; font-family: georgia, palatino;\"><strong><span style=\"line-height: 115%;\">Who do I Send Form 1099-MISC?\u00a0<\/span><\/strong><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; text-justify: inter-ideograph;\"><span style=\"font-size: medium; line-height: 115%; font-family: georgia, palatino;\">As per 1099-MISC instructions, you need to issue the form 1099-MISC to every individual who has received a payment of minimum $600 in services, rents, awards, prizes and other income payments. There is no need to <span style=\"color: #0000ff;\"><a href=\"https:\/\/www.tax2efile.com\/efile-1099-form\/\"><span style=\"color: #0000ff;\">e-file 1099<\/span><\/a><\/span> for personal uses. <span style=\"color: #0000ff;\"><a href=\"https:\/\/www.tax2efile.com\/efile-1099-form\/\"><span style=\"color: #0000ff;\">1099 online filing<\/span><\/a><\/span> is one of the best options that you can go for.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Every business needs some kind of help. Businessmen generally hire people for different operations. For example, graphic designers are hired for creating logos for the business and customer service agents are hired for dealing with the sales. If these individuals are used in the form of contractors, they should be given form 1099-MISC. IRS 1099 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":80,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-file-1099"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/posts\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":5,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/posts\/15\/revisions"}],"predecessor-version":[{"id":4658,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/posts\/15\/revisions\/4658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/media\/80"}],"wp:attachment":[{"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/media?parent=15"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/categories?post=15"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tax2efile.com\/blog\/wp-json\/wp\/v2\/tags?post=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}