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December 4, 2021
Question

I am a journal editor who has hired a copy editor and formatting expert. How do I manage the payments that I have sent to these persons?

  • December 4, 2021
  • 2 replies
  • 0 views
Does Turbo Tax allow me to provide them with 1099's?

2 replies

VolvoGirl
December 4, 2021

Yes.  You have to give out 1099NEC if you pay someone $600 or more for the year.  If you use the Online Self Employed version or the Desktop Home & Business program you can prepare1099NEC.

 

For Online.....

To prepare W2s and 1099s in the Online Self Employed version you have to first start your personal return. Then when you log in you select Take me to my Return. Then the next screen should be the Welcome Back screen. At the bottom under Manage your Return it says Create W2s and 1099s. This will take you to the QEF Quick Employer Forms.

 

If you are already in your return you can log out and back in again to get to the beginning screen.

 

Or in your return, Anywhere on any screen you see
Help me prepare and file W-2s and 1099s
Click on it and the side box will open, Then click on Quick Employer Forms in the side box.

 

 

DoninGA
December 4, 2021

You can create a Form 1099-NEC for contractors you paid when using the TurboTax online Self-Employed edition.

See this TurboTax support FAQ for creating a 1099 - https://ttlc.intuit.com/community/forms/help/how-do-i-create-w-2-and-1099-forms-in-turbotax/00/25869