How to schedule Form 1099-NEC filing with TaxBandits?
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Last modified 1/7/2022 8:06:52 AM EST |
Added by TaxBandits Team
A payer furnishing incorrect information in their returns faces IRS penalties. To avoid informational mishaps, TaxBandits has introduced an option for scheduling the e-filing of Forms 1099 with the IRS.
Using this feature, payers can select a future date within the deadline to send tax returns to the IRS. Once this is done, the payer can send recipient copies to the contractors to cross-check the furnished information.
If any differences between the actual and furnished information are found, the payer can correct them before the scheduled date.