What copies of 1099-MISC do recipients get?
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Last modified 11/30/2020 2:22:52 PM EST |
Added by 123PayStubs Team
A payer has to issue the following two copies of 1099-MISC to the recipient by January 31 of each year.
Copy B: For recipient's records
Copy 2: To be used in reporting the recipient's state, city, or local tax return.
When you fail to file the form before the due date or fail to provide the form copies to the recipient, you will be subjected to penalties. To know more about the penalties, click here.
With 123PayStubs, you can easily send recipient copies to contractors with our postal mailing option. Simply choose the add-on and we’ll postal mail the copies of Form 1099-MISC to your recipients on your behalf.