1099 Filing Handled Before January 31
Monily handles 1099-NEC, 1099-MISC, and 1099-K reporting for the contractors and vendors you paid this year. We collect the W-9s, match the TINs, and file with the IRS and every state that requires it, so the deadline is handled before it becomes a scramble.
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- 2006Serving businesses since
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Who This Is For
Businesses paying contractors and freelancers
If your business paid a contractor, freelancer, or vendor $2,000 or more this year for services, you are the one who files, not them.
Ecommerce brands
Brands paying affiliates or contract marketers above the filing threshold.
Property managers and law firms
Property managers paying maintenance and repair vendors, and law firms and businesses paying outside attorneys.
The Problem
Vendors entered by hand
Most 1099 software leaves you entering every vendor yourself.
TINs matched on your own
You match names and tax IDs yourself, before a mismatch turns into a rejection.
Rejections caught late
Rejected filings surface as a March surprise instead of while there is time to fix them.
W-9s that never come back
You chase vendors who never sent back a W-9, and filing stalls until they do.
Here is what changes.
- books_FINAL_v3.xlsx · 11:48 PMSysco1,240.00?Amazon318.56Supplies?Transfer2,000.00??Stripe payout4,812.10SalesCheck 1043900.00?Margin this month~18%?
Before
You enter vendors by hand, match TINs, catch rejected filings, and chase vendors who never sent back a W-9. Problems tend to surface as a March surprise, and the January 31 deadline arrives whether or not the list is ready.
- Inbox · Mon 9:02 AMm
Your bookkeeper at Monily
March close is done. Everything reconciled last week.
Profit and loss · March.pdfReconciledBalance sheet · March.pdfReconciledForward to my preparer →With Monily
You upload your vendor list and payment totals, and we take it from there. We collect the W-9s, match the TINs, and file with the IRS and the states that require it. No software to learn and no year-end scramble.
What's Included
Upload your vendor list and payment totals, and we take it from there. We prepare and file the forms, send recipient copies, and handle corrections.
Book a filing consultation1099-NEC
Payments of $2,000 or more to a non-employee contractor for services.
1099-MISC
Rent, prizes and awards, and other miscellaneous payments of $2,000 or more.
1099-K
Third-party network and payment card transactions totaling $20,000 and more than 200 transactions in the year.
State filing
Forms filed with every state that requires a separate filing, alongside the IRS.
Recipient copies
Copies sent to your vendors on time, by mail or secure portal, your choice.
What You Get
01
W-9 collection
We reach out to any vendor missing a W-9 and follow up until it comes back.
02
TIN matching
Every name and tax ID checked against the IRS database before filing.
03
Filing and delivery
Forms filed with the IRS and any state that requires a separate filing, with recipient copies sent on time.
04
Corrections and confirmation
Corrections handled the same way as the original filing, and a confirmation record for every accepted form.
How It Works
Five steps take you from vendor list to confirmed filing. You upload once and we handle the rest, so the deadline is met before it becomes a scramble.
01
Upload your vendor list
Send us who you paid and how much, pulled from your books or your accounting software directly.
02
W-9 collection
We reach out to any vendor missing a W-9 on file and follow up until it comes back, so filing does not stall on missing information.
03
TIN matching
Every name and tax ID is checked against the IRS database before filing, catching mismatches while there is still time to fix them.
04
Filing and delivery
Forms are filed electronically with the IRS and any state that requires a separate filing, and recipient copies go out by mail or secure portal, your choice.
05
Corrections, if needed
A wrong amount or a mismatched TIN discovered after filing gets corrected and refiled the same way the original was, at no scramble to you.
Pricing
| Feature | 1 to 10Forms filed $12per form | 11 to 50Forms filed $9per form | 51 or moreForms filed $6per form |
|---|---|---|---|
| State filing, where required | $3 per form | $3 per form | $3 per form |
| Corrections | $15 per form | $15 per form | $15 per form |
| Book a filing consultation | Book a filing consultation | Book a filing consultation |
No hidden fees means that. What you see on your invoice is the per-form rate you were quoted, not a base platform fee plus add-ons discovered later. Exact volume pricing is confirmed on your scoping call once we know your vendor count.
Compare the Options
Most 1099 software hands the work back to you. Here is how doing it yourself compares with letting Monily file.
Swipe the table to compare all 2 options
| Criterion | Monily 1099 filingBook a filing consultation | 1099 software on your own |
|---|---|---|
| Vendor entry | Yes You upload your vendor list and payment totals | No You enter vendors by hand |
| W-9s | Yes We collect outstanding W-9s directly from your vendors | No You chase vendors who never sent one back |
| TIN matching | Yes Every TIN run against the IRS database before anything is filed | No You match TINs yourself |
| Rejected filings | Yes Corrections handled the same way as the original filing | Limited You catch them, often late |
| Software to learn | Yes None | No Yes |
| Confirmation | Yes A confirmation record for every accepted form | Limited You reconcile against the filing portal |
Software We Work In
We work inside the software you already use rather than moving your books onto a platform of our own. That includes QuickBooks Online, QuickBooks Desktop, Xero, NetSuite, Sage, Zoho Books, FreshBooks, Wave, and Odoo, with Bill.com and Ramp for receivables and payables workflows.
Industries We Serve
Every industry pays people who are not on payroll, so every industry has 1099 filing to do. We tailor the work to how your business pays them.
What our 5000+ clients say about Monily
Why partner with Monily
Accounting, tax and CFO support under one roof, from a team that has done this since 2006.
Experts on Your Books
- Certified accountants and QuickBooks Elite ProAdvisors
- A dedicated success manager who knows your account
- Teams across the US, Canada, the UK, the UAE and Pakistan
- Questions answered by people, usually the same day
Built to Grow With You
- Monthly financials delivered on schedule
- Bookkeeping, tax, payroll and CFO support in one place
- Works in the tools you already use
“Monily was great to work with. They understood the requirements quickly and delivered high-quality results without any issues. Their professionalism and reliability made the whole process smooth and stress-free. I’m very satisfied with the outcome and would be happy to hire them again for future projects.”
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Frequently
Asked Questions
Book a filing consultation1099 Filing, Explained
If your business paid a contractor, freelancer, or vendor $2,000 or more this year for services, you are the one who files, not them. The contractor receives a copy as their own income record. Your business is the filer of record with the IRS.
That covers more businesses than the phrase "1099 filing" suggests. If your business cuts checks to people not on payroll, this page is about your side of that transaction.
Most 1099 software makes you do the work yourself, entering vendors by hand, matching TINs, and catching rejected filings before they become a March surprise. Monily removes that step.
Upload your vendor list and payment totals, and we take it from there. We collect outstanding W-9s directly from your vendors, run every TIN against the IRS database before anything gets filed, prepare the forms, and file with the IRS and the states that require a separate filing. Recipient copies go out on time, corrections get handled the same way the original filing did, and you get a confirmation record for every form once it is accepted. No software to learn, no spreadsheet to reconcile against a filing portal, and no year-end scramble to find vendors who never sent back a W-9.
Gross proceeds paid to an attorney (Box 10) keep the $600 threshold under Section 6045(f), separate from the new $2,000 threshold, which applies only to attorney fees for services on Form 1099-NEC.
January 31 is the date that matters most. It is the deadline to send 1099-NEC copies to your contractors and to file 1099-NEC with the IRS, on paper or electronically, with no automatic extension available on the IRS side. 1099-MISC recipient copies are also due January 31, except when Box 8 (substitute payments) or Box 10 (attorney gross proceeds) is used, which pushes the recipient deadline to February 15. The IRS filing deadline follows on February 28 for paper and March 31 for electronic filing regardless of which boxes are used.
Two threshold changes take effect for payments made starting January 1, 2026, under tax legislation passed in 2025.
A contractor you paid $1,200 this year may no longer need a form once the new threshold applies, though the $600 rule still governs any 2025 payments not yet filed. Monily tracks both changes so your filing reflects the rule in effect for the payments you made.
| Form | Threshold change |
|---|---|
| 1099-NEC and 1099-MISC | Rises from $600 to $2,000 per vendor, per year. |
| 1099-K | Reverts to $20,000 and more than 200 transactions, retroactive to 2022. |
"Costly penalties" is not a number. Here is the actual tier structure the IRS applies per form, based on how late the filing is.
Every other tier carries an annual cap tied to business size, but intentional disregard does not, and it applies whether a form was never filed or was filed with information the IRS considers knowingly wrong. A single missed contractor rarely triggers that tier. A pattern of ignoring the requirement does.
| When | Penalty |
|---|---|
| Within 30 days of the deadline | $60 per form |
| 31 days late through August 1 | $130 per form |
| After August 1, or not filed at all | $340 per form |
| Intentional disregard of the filing requirement | $680 per form, with no annual maximum |
The three forms cover different money and different payers. 1099-NEC is for a business paying an individual contractor or unincorporated business for services, the form most companies mean when they say "1099 filing." 1099-MISC covers payments that are not compensation for services, things like rent, legal settlements, prizes, and payments to an attorney for something other than legal fees, which stay at the $600 threshold rather than the new $2,000 rule. 1099-K works differently from the other two, it is filed by the payment platform itself, not by the business that used it, so a business rarely files a 1099-K but often receives one and needs it reconciled against its own books.
Vendor names, TINs, and payment data move through a secure platform, with access limited to the team working your filing. Monily is an IRS CAA. Nothing is emailed as a spreadsheet, and nothing sits in a shared folder longer than the filing takes.
Your 1099 filing sits alongside bookkeeping, tax preparation, and payroll, so the vendor totals come from books our own team keeps and the filing reflects the rule in effect for the payments you made.
File Every 1099 Before January 31, Not After
Upload your vendor list and let us handle W-9 collection, TIN matching, and filing with the IRS and every state that requires it. Tell us your vendor count and we will quote the exact cost on the call.
Schedule a free consultation with our C-level experts today.
Know More. Grow More.