The 1099 filing deadline is right around the corner (Copy B and Copy 2 of the 1099-MISC form to the recipient by January 31, 2012). It is important to allow adequate time to get your 1099s filed and mailed to your contractors by the required date of January, 31, 2012. The following is information you'll need to prepare for your 1099s.
Complete Vendor information:
- Vendor Name (Legal Name)
- Vendor DBA (if applicable)
- Vendor Mailing Address
- Vendor TIN (Tax Identification Number)
- Total Compensation Amounts paid, reconciled through 12.31.11
- Type of Compensation (Nonemployee Compensation, Other, etc)
Complete Payer (Company) Information
- Payer Name (Legal Name appearing on tax return)
- Payer Legal Address
- Payer TIN
