Need help with 1099s? Vyde has you covered!
Vyde can help your business save stress, stay compliant, and easily file and distribute 1099s. Fill out the form below to opt-in to our 1099 services.
Next Steps
Once you have opted in to our 1099 services, our billing team will send you an invoice for the initial fee. Once that invoice is paid, simply:
Upload those completed W9s to your Vyde Dash along with the exact amount you paid each contractor
We’ll send you the information to review to ensure everything is accurate
Our team will take care of the rest by filing and distributing your 1099s
Deadlines
December 31
Opt in to service & upload W9s
January 15
Provide & approve 1099 details
Pricing
Starter Plan
$75 Initial Fee + $5 Per 1099
Plus Plan
Do you need to send 1099s?
Are you wondering if your business needs to file a 1099? If you’ve paid someone who is not an employee for work or services this year, you likely have to file Form 1099-NEC. Failure to do so could result in fines from the IRS.
If your payment meets all of the following conditions, you likely need to report the payment to the IRS on a 1099.
- You made the payment to someone who is not your employee;
- You made the payment to an individual, partnership, LLC or estate;
- You made payments totaling at least $600 during the year.
If you have any questions, reach out to our team! We can help walk you through the process and whether or not you are required to file a 1099.
