Are You Required to File 1099s?
Article Highlights: 1099-MISC Filing Requirements Independent Contractor Filing Threshold Form W-9 If you use independent contractors to perform services for your business and you pay them $600 or more for the year, you are required to issue them a Form 1099-MISC after the end of the year to avoid facing the loss of the deduction for their labor and expenses. The 1099s for 2014 must be provided to the independent contractor no later than February 2, 2015. It is not uncommon to, say, have a repairman out early in the year, pay him less than $600, and then use his services again later and have the total for the year