Take the guesswork out of 1099-MISC reportability
(This feature will be released January 10, 2020)
Our brand new reportability selector will be accessible March 1, 2020. The reportability selector uses the current 1099 logic from the main W9manager application. Select the tax classification of your vendor or contractor and the type of payment made. Your selections will be evaluated against 4,000 possible tax outcomes and the selector will tell you if the payment should be reported on a 1099-MISC.
SELECT – Tax classification and payment type.
RETURN – If the payment should be reported on a 1099-MISC and the relevant box number to use.
This new feature will available as part of the standard Academy subscription. We have provided some screens shots of the reportability helper below.