The 1099-NEC is used to report non-employee compensation. Yearli offers the ability to file the 1099-NEC to the federal and applicable state government agencies.
To Enter a 1099-NEC Form:
- Log in to your Yearli account.
- Select Form Data Entry.
- Select 1099-NEC from the list.
- Click Start Form next to the desired payer.
- Click the Add Payer button to create the payer.
- Click the Select Recipient button to choose an existing recipient.
- Fill in the recipient information fields if the recipient has not been created yet.
- Complete the necessary information on the form.
- Click Save.
- Select Add Another to complete additional 1099-NEC forms or select Finish to continue.