Answer
Feb 28, 2014 - 12:00 AM
Hi Susan,
Thank you for your question about TOPS 1099 Forms.
The TOPS 1099-Misc is the right form for non-employee compensation, i.e. contractors.
These five-part form sets include:
- One Copy A: Payer sends to IRS
- Copy B: Recipient sends to IRS
- Copy 2: Recipient sends to state reporting agency.
- (Two) Copy C: One copy for payer records, one copy for payer's state reporting agency.
One final note: 1099-Misc forms are dated and updated every year, so you can't just order a bunch and use them year after year. Only get as many as you'll need for this year.
Hope this answers your questions!
Best,
Frankye
