To set up your vendors, make sure you have a 1099 form selected. You’ll also have to choose a default box for their payments. You’ll find that under the “Additional Information” tab for each vendor. This is where you will enter the TIN type (EIN/SSN). You’ll also enter the actual TIN.
When everything is ready in Intacct, you’re ready to begin the import.
If you are filing for a single entity, the system will direct you to an import grid. If you have another entity to file for, you will have that option before you go to the import grid.
In the import grid, look for vendors rows with red dots. Click on the flag column to filter by the red dots. These vendors may have missing data, or data that isn’t formatted correctly. You should return to Intacct to fix these issues. Then, you will re-import to Tax1099.com. This makes sure that data is updated in both locations.
You can choose to make edits in Tax1099.com, if you’d prefer to do so. You can edit by vendors individually, or you can bulk edit. To do this, click the “Apply to Selected” option. This allows you to change the box categories for multiple vendors at one time. Either way, you should download the error lists as a reference for the errors.
When you are ready to submit and pay for your forms, click the checkbox in the top left corner of the import grid. Scroll to the bottom of the page, and click “next.”
We offer vendor form delivery by USPS, PDF to e-mail, and PDF to portal. As per the guidelines in IRS Publication 1179, we track vendor opt-in statuses for portal delivery. This helps you and your clients remain in compliance. You can also choose to download, print, and mail recipient form copies. PDF’s of forms are available to your in Tax1099.com. These PDF’s can be printed on blank paper. Mail the forms in a #10 double-window envelope.
Why should you e-file with Tax1099.com? You can:
- Integrate with Intacct and other leading accounting software
- File forms/corrected forms year-round
- Access your forms online at any time
- Use prior-year filing for corrected forms or to bring a company into compliance
- Deliver forms to recipients
- Upgrade to Enterprise to control user rights and manage form workflow