2011 1099 filers can purchase the software and receive it instantly.

As of year 2011, the software supports the following 1099 forms:

(1) 1099 MISC Forms: Miscellaneous Income
(2) 1099-INT Forms: Interest Income
(3) 1099-DIV Forms: Dividends and Distributions
(4) 1099-R Forms: Distributions From Pensions, Annuities, Retirement, etc.
(5) 1098-T Forms: Tuition Statement.
(6) 1096 Forms: Annual Summary and Transmittal of U.S. Information Returns.
(7) W2 Forms: Wage and Tax Statement.
(8) W3 Forms: Transmittal of Wage and Tax Statements.
(9) 1099-B Forms: Proceeds From Broker and Barter Exchange Transactions.
(10) 1099-PATR Forms: Taxable Distributions Received From Cooperatives.
(11) 1099-OID Forms: Original Issue Discount.
(12) 1099-S Forms: Proceeds From Real Estate Transactions.
(13) 1098 Forms: Mortgage Interest Statement.
(14) 1099-A Forms: Acquisition or Abandonment of Secured Property.
(15) 1099-C Forms: Cancellation of Debt.

To learn more about our W2 Mate W2 / 1099 Software please click the link below:

1099 Software page

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In order to obtain the correct TIN (SSN or tax ID) of a U.S person, the 1099 filer would usually use Form W-9 (Request for Taxpayer Identification Number and Certification). For federal purposes, a U.S. person includes but is not limited to: An individual who is a U.S. citizen or U.S. resident alien; a partnership, corporation, company, or association created or organized in the United States or under the laws of the United States; any estate (other than a foreign estate); or A domestic trust.

The W-9 form includes boxes such as name, federal classification (Individual/sole proprietor, C Corporation, S Corporation, Partnership), address, account numbers and other information. If the recipient fails to furnish the correct TIN to a requester, s/he is subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.

1099 filers can obtain a PDF W-9 form which can be filled out, printed and sent to the recipient simply by visiting the IRS website.

For business filers who want to print 1099 forms to send to recipients and the IRS, we offer W2 Mate software, which covers all the W2 and 1099 filing needs for businesses and tax professionals. The software can be downloaded as a free demo from our download page. You can purchase the software and receive it instantly.

To learn more about W2 Mate, please visit the 1099 software page.

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Our software complies with the following IRS and SSA regulations for printing substitute W2 W3 forms:

(1) Forms must be printed on 8.5 x 11-inch single-sheet paper only. There must be two Forms W-2 (Copy A) printed on a page. There must be no horizontal perforations between the two Forms W-2 (Copy A) on each page.

(2) All forms and data must be printed in nonreflective black ink only.

(3) The data and forms must be programmed to print simultaneously. Forms cannot be produced separately from wage data entries.

(4) The forms must not contain corner register marks.

(5) The forms must not contain any shaded areas, including those boxes that are entirely shaded on the red-ink forms.

(6) Identifying numbers on both Form W-2 (“22222″) and Form W-3 (“33333″) must be preprinted in 14-point Arial bold font or a close approximation.

(7) The form numbers (“W-2″ and “W-3″) must be in 18-point Arial font or a close approximation. The tax year (for example, “2010″) on Forms W-2 (Copy A) and W-3 must be in 20-point Arial font or a close approximation.

(8) No part of the box titles or the data printed on the forms may touch any of the vertical or horizontal lines, nor should any of the data intermingle with the box titles. The data should be centered in the boxes.

(9) Do not print any information in the margins of the substitute black-and-white Copy A and W-3 forms (for example, do not print “DO NOT STAPLE” in the top margin of Form W-3).

(10) The word “Code” must not appear in box 12 on Form W-2 (Copy A).

(11) A 4-digit vendor code preceded by four zeros and a slash (for example, 0000/9876) must appear in 12-point Arial font, or a close approximation, under the tax year in place of the Cat. No. on Form W-2 (Copy A) and in the bottom right corner of the “For Official Use Only” box at the bottom of Form W-3. Do not display the form producer’s EIN to the left of “Department of the Treasury.” The vendor code will be used to identify the form producer.

(12) Do not print Catalog Numbers (Cat. No.) on either Form W-2 (Copy A) or Form W-3.

(13) Do not print dollar signs. If there are no money amounts being reported, the entire field should be left blank.

(14) The space between the two Forms W-2 (Copy A) is 1.33 inches.

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For businesses looking for printable 1099 forms for 2011 or any other tax year (2010, 2012..) , we invite you to use our W2 1099 software, which can be used to print the following types of 1099 forms:

1099 MISC Forms: Miscellaneous Income
1099-INT Forms: Interest Income
1099-DIV Forms: Dividends and Distributions
1099-R Forms: Distributions from Pensions, Annuities, Retirement, etc.
1096 Forms: Annual Summary and Transmittal of U.S. Information Returns.
1099-A Forms: Acquisition or Abandonment of Secured Property.
1099-B Forms: Proceeds From Broker and Barter Exchange Transactions.
1099-C Forms: Cancellation of Debt.
1099-PATR Forms: Taxable Distributions Received From Cooperatives.
1099-OID Forms: Original Issue Discount.
1099-S Forms: Proceeds From Real Estate Transactions.
1098 Forms: Mortgage Interest Statement.
1098-T Forms: Tuition Statement.

W2 Mate prints all recipient copies on regular white paper and prints data on the pre-printed government-approved forms.

For 1099-MISC forms, W2 Mate generates password-protected, read-to-email PDF 1099 MISC forms. This eliminates the need to buy, print or mail IRS 1099-MISC forms.

W2 Mate imports 1099 data from Intuit QuickBooks, Sage Peachtree, Sage DacEasy, Microsoft Dynamics and Great Plains. W2 Mate also imports data from spreadsheets.

Printable 1099 forms created by our 1099 software comply with IRS publications for substitute 1099 forms (Publication 1179 General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, W-2G, and 1042-S).

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No matter what the lawmakers decide, Payroll Mate will be among the very first payroll applications to implement the new changes.

The following scenarios are currently being explored:

1. The 2 point cut in the employee portion of social security tax expires on December 31, 2011 and the rate goes up to 6.2% (the rate for 2011 is 4.2%).

2. The current 4.2 percent employee social security rate gets extended until the end of 2012.

3. The employee portion of social security tax gets reduced to 3.1 percent (from 4.2%) for 2012 with no change on the employer portion which is currently 6.2%.

4. The social security tax gets reduced to 3.1 % for both the employee and employer.

The current 2011 payroll tax cut, enacted as part of the “stimulus package” in 2010, has affected the paychecks of employees by reducing their portion of Social Security taxes from 6.2% of gross pay to 4.2%. A family with income of $50,000 a year would pay $1,000 more in payroll taxes if Congress does not act by the end of 2012 to extend that reduction.

Payroll Mate is trusted by thousands of businesses and accountants nationwide. Download a free demo today and see for yourself how easy payroll processing can be. Payroll Mate is only $99 for one whole year.

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http://www.realtaxtools.com/PDF/1099/Print-1099-INT.pdf

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Intel Pentium 4 or AMD processor running at 1.5GHz or faster. While our 1099 Software will run on slower machines, it will take much longer to import data and create W2 and 1099 electronic filing submissions.

512MB of RAM (1GB or greater is recommended depending on what you are trying to do, for example if you want to import from QuickBooks then you will definitely need more than 512MB of RAM)

Hard disk with 60 MB free space (again this will depend on whether you are importing or entering large amounts of data).

800 by 600 minimum screen resolution (we recommend 1024 X 768 for best experience).

If you are importing data from QuickBooks (QuickBooks Pro, QuickBooks Premier, QuickBooks Enterprise Solutions) you will need 2006 version or above (earlier versions might work, download our demo and test to see if W2 Mate can communicate with your version of QB).

If you are importing 1099s from Peachtree (Peachtree Pro Accounting , Peachtree Complete Accounting, Peachtree , Premium Accounting , Peachtree Premium Accounting Accountant’s Edition , Peachtree Premium Accounting for Manufacturing , Peachtree Premium Accounting for Distribution or Peachtree Quantum) you will need a version that can generate the “1099 Vendor” report, which was introduced in PT 2006.

MAC operating system: W2 Mate is windows-based, but you can use a solution for running Windows applications on your Mac such as Parallels.

Start printing 1099 forms today, download our FREE 1099 software demo. You can purchase our software and receive instantly.

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2 ) Click on “1099 & 1098 Recipients” icon from the left toolbar inside W2 Mate.

3 ) Enter the Payer/Borrower information. By clicking “New 1099 / 1098” recipient. In the dialog that comes up enter basic Borrower information such as name, address, tax id and so on. Make sure to select “Form 1098” under the list of “Types of 1099 Forms Received”.

4 ) Click the “1099 and 1098 Forms” icon from the left toolbar inside W2 Mate.

5 ) Under “Form Type” select “Form 1098” and click OK.

6 ) You should see a screen similar to the one shown below.

7 ) Now fill out the different 1098 boxes for the borrower (s), such as “1 Mortgage interest received from payer(s)/borrower(s)”, “2 Points paid on purchase of principal residence” and “3 Refund of overpaid interest”. Make sure to hit save each time you update a form.

8 ) When you are ready to print click the “Print” button. This will bring up a new dialog which allows you to print the following forms on plain paper

1098 Copy B (1098 Mortgage Interest Copy B): For Payer / Borrower.  1098 Copy C (1098 Mortgage Interest Copy C): For Recipient / Lender.

And print / align data on the following form: Laser Copy A of form 1098 (1098 Mortgage Interest Laser): For Internal Revenue Service Center.

9 ) If you need to file 1098 Copy A electronically you can use the 1098 electronic filing feature inside W2 Mate.

10 ) You can also import 1098 data from QuickBooks, Sage Peachtree, Excel / CSV, Microsoft Dynamics, Sage DacEasy and other software.

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Our 1099 Software allows QuickBooks users print and file electronically 1099-INT forms.

Step by step instructions:

1 ) Start by opening the W2 Mate software. You can download a free trail of W2 Mate by visiting the 1099 software download page.

2 ) Make sure QuickBooks is open and the company you want to import forms 1099-INT from is also open.

3 ) Inside W2 Mate select Import Data and then From QuickBooks (W2 and/or 1099 Data). This will bring up the QuickBooks import wizard.

4 ) In the next step you will need to connect to QuickBooks, follow the on screen instructions.

5 ) Under the “Type of Data to Import and Tax Year” screen:

1. a. Select “1099 Data” for the type of data you would like to import.
2. b. Under “Type of 1099 form you would like QuickBooks 1099 data be mapped to” select “Form 1099-INT – Interest Income”.
3. c. Specify the “1099 box you would like the money amount be mapped to”. You have one of these options:

1. 1099-INT Box 1 Interest income

2. 1099-INT Box 2 Early withdrawal penalty

3. 1099-INT Box 3 Interest on U.S. Savings Bonds and Treas. obligations

4. 1099-INT Box 4 Federal income tax withheld

5. 1099-INT Box 5 Investment expenses

6. 1099-INT Box 6 Foreign tax paid

7. 1099-INT Box 8 Tax-exempt interest

8. 1099-INT Box 9 Specified private activity bond interest

6 ) W2 Mate will read the 1099 data from QuickBooks and show it in a spreadsheet view. This view will show the 1099-INT boxes the way they will be imported into W2 Mate. In this step you will be able to review, update and correct any information before doing the actual import into W2 Mate. Please note the following.

7 ) Once you are ready click next to do the actual import of 1099-INT forms inside W2 Mate.

8 ) With the 1099-INT data inside W2 Mate, you can navigate to the 1099 & 1098 recipients screen to review the list of 1099-INT recipients.

9 ) When you are ready to print QuickBooks 1099-INT forms, click on 1099&1098 forms. In this screen you can review all 1099-INT boxes and print the forms you need.

We highly recommend that you download a free demo of our software and see exactly how the QuickBooks 1099-INT import works inside W2 Mate.

If you would like to file QuickBooks 1099-INT electronically you simply use W2 Mate to generate the 1099 electronic submission file and then you upload that file to the IRS FIRE System.

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