Posted: September 29, 2023 | Hacker Nelson
Do you file 10 or more 1099 forms? You may be required to efile. Read on. |
Starting tax year 2023, filers of 10 or more 1099 forms of any type for a calendar year in most instances will be required to e-file these 1099 forms. For example, if you file (6) 1099-Misc forms for Rent and (4) 1099-NEC forms for Machine Hire/Contract Labor, you are required to e-file all your 1099 forms. This applies to any combination of Forms 1099, Forms W-2, and most all information return types in this new lower threshold. The link below has the details from the IRS.
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Find details here: https://www.irs.gov/filing/e-file-forms-1099-with-iris
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