Trucking Company Guide to Filing 1099 & W-2 Forms
Another new guide from Discount Tax Forms.com! The Trucking Company’s Complete Guide to Filing 1099 and W-2 Forms is now available.
This blog post has a summary of what you need to know, or read the full guide here >
Options for Filing 1099 and W-2 Forms for Trucking Companies
Your Accounting Software: Many accounting software systems will print 1099 and W-2 forms and even e-file payer copies. To print forms, purchase some compatible with your specific software, as there are many layouts available. Print copies, stuff envelopes and mail to the Government and recipients. Purchase forms for your Software >
Specialized 1099 & W-2 Software: Easily print all type of 1099 and W-2 forms with specialized software that will also e-file payer copies. To print payer and recipient copies, purchase forms compatible with the software. Print copies, stuff envelopes and mail. Shop for Specialized 1099 & W-2 Software >
Online Filing: The newest, and easiest way to file less than 50 of Form 1099 or W-2! Online filing takes care of printing and mailing to recipients, as well as e-filing with Federal and State Governments.
You simply type in the data or import it from your accounting software. The online filing system will do the rest!
Selecting the Right 1099 Forms
1] Which 1099 Form to Use
1099-MISC is most common for trucking companies, it is used for subcontractors, consultants and other individuals to whom you have paid $600+ during the tax year. Other 1099 Forms are available. Shop for 1099 Forms>
Copy A: Federal Copy for the IRS
Copy B: Recipient Copy
Copy C/2: Payer Copy and Recipient Copy **New form in 2015
Copy D/1: State and City
3] Type of Forms
Your software will print on either:
Preprinted 1099 forms – software will print only the recipient and payer data
Blank perforated 1099 paper – software will print the entire form at once, including boxes and labels with the recipient and payer data.
Selecting the Right W-2 Forms
Key Factors to Choosing the Right W-2 Forms
- Federal Only – 4 parts (Copies A, D, B, C)
- State and Federal – 6 parts (Copies A, D, 1, B, C, 2)
- City, State and Federal – 8 parts (Copies A, D, 1, 1, B, C, 2, 2)
Read more in our blog: Decoding W-2 Copy Requirements >
2] Software Functionality
Some software will e-file W-2s to the government. But you will still need to print employee copies regardless. Your software will either print the form data only on Preprinted W-2 Forms or will use Blank W-2 Paper to print the entire form at once, including the boxes, labels and data.
The layout of the forms will vary depending on your software. They could be in a 2up, 3up or 4up layout if your software supports it. This is where all the forms for a single employee will be printed on one page so you can simply fold and mail one piece of paper. All Government copies must be printed in the Official 2up layout. Read more about Types of W-2 Forms >
If you’re over the hassle of printing and mailing W-2 Forms, try DiscountEfile.com! We e-file, print and mail for you for only $3.95 per form.
QuickBooks Users Click Here to Learn How to File W-2 Forms with QuickBooks >
1099 & W-2 Filing Deadlines
January 31 – Recipient copies for all W2 and 1099 forms; W2 & 1099-MISC Copy A mailed or e-filed to IRS
February 28 – Paper Copy A and Transmittals mailed to the IRS (all 1099s except 1099MISC)
March 31 – E-file Copy A to IRS or SSA (all 1099s except 1099MISC)
Most states have the same deadlines as the Federal government.