Q: How Do I File 1099 Forms Using Sage 50?
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Sage 50 allows you to prepare and file 1099 forms for contractors and vendors you’ve paid during the tax year. Here’s a step-by-step guide to help you file 1099s accurately:
Steps to File 1099s in Sage 50:
Ensure Vendors Are Marked as 1099 EligibleGo to Vendors > select a vendor > click the Purchase Info tab.
Check the box labeled "Form 1099 Recipient" and select the correct 1099 type (usually “Misc” or “NEC”).
Review Vendor Payments
Go to Reports & Forms > Accounts Payable > 1099 Vendor Report to confirm totals and eligible vendors.
Verify Company Information
Confirm your company name, address, and Federal Tax ID Number are correct under Maintain > Company Information.
Access 1099 Filing Options
Go to Reports & Forms > Forms > Tax Forms.
Choose 1099/1096 from the form list.
Use Aatrix to File
Sage 50 uses Aatrix for tax filing. You’ll be guided through a step-by-step wizard to:
Review vendor data
Edit totals if needed
Print 1099s or eFile directly through Aatrix
Print or eFile Forms
You can print physical copies for vendors and the IRS, or choose the eFile option (fees may apply).
Tips for Accurate Filing:
File Form 1099-NEC for contractors paid $600 or more in non-employee compensation.Verify all TINs (Taxpayer Identification Numbers) are correct before filing.
The IRS deadline for e-filing 1099-NEC is typically January 31st.
️ Troubleshooting:
Q: What if I don’t see the 1099 form option?
A: Make sure you're using an updated version of Sage 50 and that the Aatrix tax form viewer is properly installed.Q: Can I file Sage 50 1099 Tax Filing without e-filing through Sage?
A: Yes, you can print the forms and mail them manually to the IRS and recipients, but eFiling is faster and provides tracking.