Forms 1099 & 1096

Your Information
Payer Information
- -

Take Note:

  • IRS copies will be filed electronically.
  • Employer (You) receives employer copies and recipient copies:
    • Deadline: You must mail copies to recipients by: January 31, 2012.
    • Caution: Penalties for not filing are up to $250 per 1099.
  • $600.00 or more cumulative for the year must be reported on forms 1099 & 1096, to include rent, interest, commissions, machine hire, services, contract labor, attorney's fees, etc.
    • Does not include incorporated entities. (Exception: Attorneys - send 1099 regardless of entity type.)
    • Only amounts for services, not parts and materials, unless amounts cannot be separated.
  • Please provide to ELO by January 21, 2012, accurate and legible information.

More Info on 1099's:

http://www.irs.gov/efile/article/0,,id=98114,00.html AND http://www.irs.gov/instructions/index.html

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