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WorldSharp™ 1099 Preparation System
The WorldSharp™ 1099 Preparation System is used to import, enter, print and electronically report all 1099 forms. It has a robust data import capability. It prints data on preprinted forms or prints data and forms on blank paper. It allows you to file electronically with the IRS. The single user version is $89.95 and electronic filing and every form except 1042-S is included with every system.
Supported Forms (Select form for details)
1099-NEC
Nonemployee Compensation
1099-NEC forms are used to report nonemployee compensation payments of income of $600 or more who is not your employee. It may also sometimes be used for payments to an attorney. These payments need to be derived in the course of a trade or business.
Generally recipients are individuals, corporations or attorneys. The IRS instructions detail which recipients are required to receive a 1099-NEC.
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