How to do 1099 For Employees
HOW TO COMPLETE A 1099 FORM FOR YOUR WORKERS
0:00 / 0:00
Quality:
Sharing buttons:
so I'm about to show you how to fill out
a 1099 form for the people who work for
you this past year if you own a business
okay this is for the people who weren't
w-2 employees you didn't take any taxes
out but you still want to be able to
write off the income that you paid those
people know how to claim them on your
company's taxes so this is how you fill
out I'm going to show you right now by
the way I usually do mine through
QuickBooks Online because that's how I
do all my bookkeeping in accounting
however I'm going to just do this quick
video just to show you how to fill out a
two ninety now for anybody who wants to
see exactly how to fill out a 1099 all
right so here we go everybody so what's
up y'all AJ Simmons and my job is to
make sure that everybody he's so in this
video I want to show you how you can pay
your 1099 workers okay basically it's
going to show you how to fill out a
simple 1099 form so we go we're just
gonna go search
can I have forms and you want to look
for the PDF form straight from the IRS
okay thank you simply fill it in it's
quite simple alright so they have these
fillable boxes already here for you
well not on the rail one but on these
ones you can fill them in so you don't
want to put anything in the rent so
royal to you the other income and if
that all you want to fill in is for non
employee compensation okay so let's say
you pay the person 8,000 bucks for the
year okay and that's how you fill in and
over here you put in your companies
the company's name he address
okay and then you put your EIN amar you
okay then you put your workers Social
Security number
or you can put their kid there he I am
with will if they actually have one okay
you put the recipients name you put
their address city and that's pretty
much it I don't put anything for the
account number that doesn't apply to me
I don't check that box and I don't check
either these boxes okay and that's all
it is to it those are the only things
that you need to fill out if you just
have general 299 workers so you are not
taking taxes out for this is not applied
for w-2 workers but it's a blast for
anybody that has been a worker for you
you are required to fill one of these
forms out anybody who made at least six
hundred dollars or more in the year
worker for your company okay these forms
this year are actually due back tomorrow
January 27 2018 so yeah if you haven't
done this already I recommend that you
go ahead and fill this out submitted to
the IRS as well as give it to your
workers who have worked for you this
year okay if you're going to mill these
in print of a metal man you need to also
fill out a form 1096 to go along with
this as well as soon as a copy of the W
now form that the workers fill it out
for you when you first out okay and
those are the three things that you need
to turn on every during that worker that
you have it's gonna file online I don't
believe that you have to do 296 because
the preparation software will turn
everything in for you electronically
alright so I hope this video was able to
help I was actually doing it for my
everybody's mastermind group when I
decided you know what I'll go ahead and
put this one out on YouTube or for you
because I'm not a CPA I don't know
everything when it comes to taxes but I
can tell you what I do know based off of
my experience so hopefully this was able
to help if you see anything and I can
make corrections on or you have any
advice leave it in the comments to help
other people in the future like this
video make sure you subscribe if you
like this video because there are
definitely more content just like this
and even better coming in the future so
make sure you to subscribe okay thank
y'all everybody
better should be the time and motor but
y'all just trying to see change like
Obama boat money ain't my only lover
that's the main goal and I'ma get it
Deal or No Deal like the game show we
like to see
