We’re excited to announce that 1099 Filing with BILL will be available in January 2025! Deliver 1099s to vendors and file those 1099s to the IRS all from the same platform you use to pay them.
BILL’s new 1099 Filing enables you to manage the accounts payable needs for contractors as well as create and file 1099s from a single platform, saving time and resources.
Streamline W-9 collection: Request, collect, and store W-9s from a single workspace in BILL.
Automate 1099-eligible vendors: BILL will automatically pull vendors with 1099 marked as “yes” from the “Vendors” tab—saving you time and simplifying your tax prep. If adjustments are needed, note which vendors are 1099-eligible with the new “1099 Filing” tab under “Tax Management”.
Quickly categorize vendor expenses: View all payments made to a vendor and categorize them in bulk as 1099 reportable or not.
Generate 1099 documents: Once payments are categorized, BILL will generate your 1099 NEC and 1099 MISC forms.
Leave 1099 delivery to BILL: Choose to send 1099s electronically and/or physically via USPS* to all vendors for review. Once generated, all 1099s will also be available to download as PDFs if you choose to deliver those yourself.
eFile directly with the IRS: Once 1099 documents have been generated and reviewed by vendors, file all 1099s electronically to the IRS with the click of a button. Note: This covers state filing only for the states participating in the Combined Federal/State Filing (CF/SF) program, listed at IRS.gov.
To learn more about these updates and how to take advantage of them, read the Help Center article here.
*For additional pricing and information please visit https://www.bill.com/product/pricing.