1099 Service (U.S. Employers Only)
What is the 1099 service?
If you opt into the free 1099 tax form service, Guru.com will issue 1099 tax forms every January on your behalf to the IRS and to qualifying Freelancers who you have paid more than $600 during the previous tax year.
Guru.com collects W-9 forms from U.S. based Freelancers so you will not have to worry about verifying the tax IDs of the Freelancers you hire. And, you will receive a payment report that identifies the 1099 tax forms issued on your behalf.
Do I qualify for the 1099 service?
You qualify for the free 1099 tax service if:
- You reside in the U.S.
- You paid Freelancers via SafePay or Guru Invoicing.
- You paid a U.S. Freelancer more than $600 in a single tax year.
How do I know if a payment will apply to the 1099 service?
The 1099 status is displayed on your Guru Invoices and SafePay requests.
- 1099 Service Applied: Yes
You chose to participate in the free 1099 tax form service for this invoice. If appropriate, Guru.com will issue a 1099 tax form for this Freelancer on your behalf.
- 1099 Service Applied: No
You did not choose to participate in the free 1099 tax form service for this invoice. Guru.com will not issue a 1099 tax form for this Freelancer on your behalf.
- 1099 Service Applied: Does Not Apply
The Freelancer lives outside of the United States. Therefore, the IRS does not require a 1099 form to be issued to the Freelancer.
How do I opt in to or out of the 1099 service?
You can opt in or out at any time by modifying your account information.
- On the top right of the page, click your name and click “Update Account.”
- At the bottom of the page, uncheck the “Opt into Guru.com’s FREE 1099 tax service” checkbox.
- Click “Save.”
How do I view 1099 reports?
On the top navigation bar, click “Payments,” and click “1099 Service Reports” to view your payments from the previous year that applied to the 1099 tax service.