I pay one contractor weekly and will need to submit a 1099-NEC.
Is it possible to print the 1099 for the contractor and a 1096 for the IRS?
If possible, how do I set up the contractor?
NO. Q can't print any tax forms. You can record the info that belongs on tax forms …. but not actually print the form.
AFAIK, these forms can be printed with Turbotax Home & Business feature level and/or possibly other Tax software. Please ask the Turbotax Community or Turbotax Support
I just opened TTAX 2023 and found a "Form 1099-NEC Worksheet" …. but no Form 1096. Haven't received TTAX 2024 yet.
@NotACPA Which TT version do you have? It's only in the Home & Business version and it does have both 1099NEC and 1096 for efiling or printing. You have to start a new separate tax return then Check the second circle that says Prepare W-2s and 1099s for my employees or contractors. Or if you are already in a tax return, In the upper right click on Employer Forms, Create Forms you will get a box to Create employer forms using Quick Employer Forms OR you can pick Create forms on Desktop at the bottom.
@volvogirl
AAHHH, that could be the issue. Even though I run Q H&P, my TTAX is Premier
