TaxBandits Knowledge Base

How to bulk upload my 1099-QA data in TaxBandits?

TaxBandits provides a convenient way to e-file your 1099-QA forms in bulk. 

Step 1: Sign in to your TaxBandits account.

Step 2: Navigate to the 1099/W2 Dashboard.

 

Step 3: Click 'Start New Form' and select 'Form 1099-QA.'

 

Step 4: Select the tax year for which you need to file the 1099-QA form.

 

Step 5: Navigate to the 'Bulk Import' option and choose what details you want to upload in bulk.

• Recipient Data with Form Fields - Choose this option if you want to upload multiple recipients for the same payer, including amount fields.
• Payer and Recipient Information with Form Fields - Choose this option if you want to upload multiple payers along with their recipients, including amount fields.

 

Step 6: Click on 'Add Payer' to add the payer details. If you have already added the payer details, click 'Select Payer from Address Book.' Then, select the importing method as 'Use Our Standard Template', download our CSV template, and fill in the data by following the instructions.
 

 

Step 7: You'll get a preview of the form. Once you have checked all the details, click 'Continue to Process.'

 

Step 8: You'll be redirected to the dashboard. Review your details in the 'Ready to File' pane on the summary page and click 'Continue Filing.' If there are any errors, you'll find them in the 'Errors' pane. Click 'Fix Errors' in the action pane to edit your form.

 

Step 9: You can review the summary of forms that are ready for federal filing. 

• You have the option to export the draft versions of the form as either PDF or CSV files. If errors are found, make the necessary changes in the CSV file and upload it back to our system using the bulk import option. 
• Use the 'Share with Client' option to share the forms with your clients via BanditConnect for their review.

 

Step 10: Proceed to 'Form Distribution,' select the type of form you want to be distributed, and continue. TaxBandits provides you with four options to send recipient copies:

• Postal Mailing - We will print and deliver copies of the form to the recipients via postal mail.
• BanditShare (Online Access) - The recipients will be granted access to a secure online portal to view and download their form copies. 
• Advanced Distribution - Customize how many recipients receive postal mail or online access based on your needs.

If you prefer to manage the form distribution on your own, choose 'I will print and distribute myself' and proceed further.

 

Step 11: Click 'Continue to Filing Summary' and review the form. You’ll have the following options here.

• Validations: You can opt for add-on services such as TIN Matching and USPS Address Validation. 
  • TIN Matching: Validate your vendor/payee TINs against IRS data to ensure accurate 1099 filings and prevent potential penalties.
  • USPS Address Validation: Verify all addresses entered on your forms through USPS Address Validation to confirm accuracy.
• Schedule Filing: You can either transmit the forms immediately or schedule them for a later date. If you schedule your forms, you’ll have the option to edit the information until the scheduled date.

 

Step 12: Add to cart, proceed to payment, and transmit the form. After transmission, track the status of your return in the 1099/W-2 dashboard.

By following these steps, you can effortlessly use our standard template to upload your data to file Form 1099-QA with TaxBandits.