ASAP Payroll's 1099 Preview File

Contractors paid via ASAP's Payroll Services

If you processed payments to individuals or companies flagged as 1099's in ASAP's payroll software we will share a 1099 Preview File with you in January.  


The preview file is not a copy of official 1099 forms, but a preview showing the sum of all payments issued to vendors or individuals flagged as 1099's in our payroll software. 
 
ASAP does NOT automatically process these 1099s as a part of our payroll processing services;
  1. You will need to process these 1099s internally
  2. OR you can outsource all of your 1099 processing to ASAP
If you are interested in ASAP's 1099 Processing Services, you will need to complete will not process any 1099 forms unless you have completed the  1099 Services Application.

How to review the 1099 Preview File

  • ASAP will load the 1099 Preview File to ASAP's ShareFile portal, specifically into your Client Portal/Sharefile folder.
  • the primary contact for payroll will receive an email notification similar to this one once the report has been loaded


Review the 1099 Preview File for accuracy.  

The preview file is NOT a copy of official 1099 forms, but a preview showing the sum of all payments issued to vendors or individuals flagged as 1099's in our payroll software. 

  1. review vendor names, EIN/SSN's and addresses for any changes. 
  2. review payer (your company) details to insure no changes are required.  
  3. compare the 1099 Preview File amount totals against your accounting records to insure no additional payment amounts should be added when preparing for 1099 processing. (Ex. if you issued payments to the same vendor/individuals directly (outside of payroll processing))
  4. Determine if you will be processing 1099s OR if you would like ASAP to process ALL of your 1099s (you will need to choose one as we both cannot process and file 1099s independently)

If you are enlisting ASAP's assistance with 1099s, you will need to complete our 1099 Processing Application as well as complete a 1099 E Sheet for vendor/individuals processes outside of payroll (rents, attorney, and any 1099-eligible recipient). These steps can be complete on ASAP's webpage for 1099 Processing Services

sample 1099 Preview File

The preview file is NOT a copy of official 1099 forms, but a preview showing the sum of all payments issued to vendors or individuals flagged as 1099's in our payroll software. 
ASAP does NOT automatically process these 1099s as a part of our payroll processing services;
  1. You will need to process these 1099s internally
  2. OR you can outsource all of your 1099 processing to ASAP
If you are interested in ASAP's 1099 Processing Services, you will need to complete will not process any 1099 forms unless you have completed the  1099 Services Application.

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