Payers issue 1099 forms for independent contractors to report gross income types including nonemployment, rental, interest and dividends and other sources to the IRS and to a state authority, where applicable.
With Abound, you can also collect information required for a Form W-9 (or substitute). Abound facilitates Form 1099 filings at both the federal and state level, where appropriate.
Abound currently supports the following versions:
Coming soon: 1099-MISC, 1099-R, 1099-DIV, 1099-SA, 1099-B and 1099-G. Please contact us for more info.
️ State Tax Withheld
If your Form 1099 information returns have state income tax withheld, please contact us.
Updated 5 months ago