What is a 1099-NEC form?

Pilot generates and fills in 1099-NEC forms for you. Beginning in tax year 2020, employers will no longer use a 1099-MISC form to report nonemployee compensation, including payment to independent contractors, to the Internal Revenue Service (IRS). Instead, employers need to report nonemployee compensation to the IRS using a 1099-NEC form.

If you hired an independent contractor who a) is a US citizen, or who is not a US citizen but performed work inside the US, and b) to whom you have paid at least $600 during the tax year, then you’ll need to file a 1099-NEC. For more information on what situations require filing a 1099-NEC, please visit the IRS website.

When should I file my 1099-NEC form?

Employers are required to send 1099-NEC forms to their contractors and file with the IRS by January 31 (February 1 in 2021, because January 31 falls on a Sunday). By the time Pilot starts filing your 1099-NEC, your contractors should have already provided us with a completed W9. Although we file the 1099-NEC on your behalf, you and your contractors are responsible for confirming and ensuring the information in the 1099-NEC is accurate.

Where can I find this information in Pilot?

To see if your contractors are compliant, click here. In this section, you can see a list of who Pilot is collecting documents from. By clicking on the arrow next to the contractor’s name, you can see which tax form has been collected.

Here you can find PDF copies of each 1099-NEC form after they’ve been filed.

Need help?

Please contact us at support@pilot.co if you have any questions. We’ll be happy to guide you through the process.

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