I need help filling out a 1099-MISC form...?

Question

I have my own company in which my employees are taxed based on 1099, it is that time of year where I have to fill in the form 1099-MISC so they can file, But I am stumped on something, on the forms I received from the IRS there are 2 forms on 1 sheet, So can I use 1 sheet for 2 employees, or do I need to write the info for each employee twice?

Technically they are non-employees, they are sub contractors.

Answer 1

No. The form is provides 2 1099's per sheet. So only fill in one 1099 per employee. Don't forget to also file Form 1096 that is similar to the W3, but reports all the income you are reporting on the 1099's.
Here are the instructions for the 1099 MISC if you need them.
http://www.irs.gov/instructions/i1099msc/index.html

Answer 2

How To Fill Out A 1099

Answer 3

Use 1 sheet and report two separate names - one on the top and another one on the bottom. Be sure to write out all of the pertinent infomation: Name of Your Company, Address and Employer Identification Number; Social Security number, Name and Address of Independent Contractor.

If the monies paid to your independent contractor are for services rendered to you in the normal course of business, be sure to write in the amount that you paid each contractor as "Misc".

When done reporting all of your 1099-Misc', be sure to attach Form 1096 to the front of the package (again, inserting all of your pertinent business information - and you must total up all of the 1099 Misc amounts and show that total on Form 1096).

Make a copy for your records and mail the entire package (do not staple the package together) to the address indicated on Form 1096 (by the state in which you live).

Be sure to give a copy of the 1099's you prepare to each independent contractor.

Answer 4

You can put 2 employees on each sheet. They both should say copy 2 or copy c on the right hand side. You don't need to make 2 copies for employees, because they are not required to send in the 1099's with their tax forms.

You will have to fill out 2 1099's on each employee, though. You have to fill out copy A to send in to the IRS; and then the copy for the employee.

Answer 5

Your statements are contridictory. If you have "employees" then you need to be paying and reporting on W-2.
Just giving you a heads up, because the IRS is cracking down on employers who demand everything an employer demands, but pays in accordance to a sub-contractor. This means Social Security Taxes and Medicare is being paid 100% by the "employees" while it should be shared by the employer.
The "employee" needs one for Federal and one for State, with a duplicate for your records.

http://www.irs.gov/businesses/small/content/0,,id=98942,00.html

Answer 6

You need to have a copy for the employee, you, and one to send back to the IRS. here is a link to the instructions.

http://www.irs.gov/instructions/i1099msc/index.html

Answer 7

A just want to second what "Wood Smoke" said.

If they work when you say and do what you say and use your supplies and/or equipment, they are employees and should be paid as such.

Answer 8

i just watch children after school im not a business?

Answer 9

Hope this helps!