Tax Forms & Deductions : How to File a 1099 Form

A 1099 form is filed when a person has an independent contractor working for them, and the IRS has stringent rules in regard to whether or not a person is considered to be an independent contractor. Discover how much a person must be paid to necessitate a 1099 with help from a tax bookkeeper in this free video on filing taxes.

Expert: Ken Lewellyn
Contact: www.tnbizserv.com
Bio: Ken Lewellyn is co-founder of Tennessee Business Service, Inc.
Filmmaker: Dimitri LaBarge

Category:

Howto & Style

Tags:

• tax
• filing
• deductions
• forms
• W2
• writer-offs
• federal
• income
• taxes
• returns
• back
• file

[harpin191]

So easy to follow, thank you!

[EucaliptoMusic]

This was extremely helpful! I have been trying to find out what I need to send to the IRS for my contractors and their website is useless.  This made everything clear. Thanks!

[luckyloserdude]

VERY good... you explained something that should have been simply explained at the IRS site but wasn't. THANK YOU

[beeksjeanie]

very informative thanks

[gman2000]

@voneygirl I think that for tax purposes with the IRS and quite possibly the State in which the person lives, that individual IS a business because they are providing (or have provided) a service for compensation. If this was a cash transaction, most likely he/she will not be grateful if you go and report what you paid him/her to the IRS, it's up to you, most likely if it's a handyman he won't report it himself anyway, but technically if it was more than $600 you have to.

[mmr11027]

Thanks for creating this video!

[willrobinsgolf]

Great help could not find that info any where

[voneygirl]

Question: If contractor worked on your home, whic is not a business, is the 1099 for that person still required?

[jcsar06]

need advice!!!

[jcsar06]

i need some advice