1099 Forms
At year end, U.S. businesses have to issue 1099 forms to certain contractors and vendors. Geekonomics generates IRS-formatted 1099-NEC and 1099-MISC PDFs from your bill payments and vendor transactions.
Flagging Vendors
Open a vendor record and check 1099-eligible. Pick the form type — 1099-NEC for nonemployee compensation (the most common case for contractors) or 1099-MISC for rents, royalties, medical payments, attorney fees, and so on. If you pick MISC, also choose the box number that applies:
| Box | What it's for |
|---|---|
| 1 | Rents |
| 2 | Royalties |
| 3 | Other income |
| 6 | Medical and health care payments |
| 10 | Gross proceeds to an attorney |
Fill in the vendor's legal tax info — TIN or EIN, business name, address. The W-9 collection workflow can collect this for you with a public link.
Generating Forms
Go to /1099 in the sidebar. Pick the tax year. Geekonomics walks every bill payment and every expense transaction tagged with a 1099 vendor and totals what you paid. Vendors who cross their threshold show up in the list:
- NEC: $600 minimum total
- MISC box 2 (Royalties): $10 minimum
- All other MISC boxes: $600 minimum
Click Generate PDF on a row to download the form, pre-filled with the vendor's info, your business TIN, and the amount.
Mark as Filed
Once you've actually submitted the form to the IRS and the vendor, click Mark Filed. This records the filing date and who filed it. The form sits in your filing history for audit purposes.
WARNING
The PDFs Geekonomics generates are working copies. Most filers submit electronically through the IRS FIRE system or a payroll provider — the PDF is a record for the vendor and for your files. Check your state's requirements and confirm with your CPA before treating the generated forms as official.
What's next
Vendors — where 1099 setup happens.