Expenses and bills
1099s for your contractors
See what you paid each contractor this year and who needs a 1099-NEC.
- 1Open each contractor on [Vendors](/vendors), press Edit and turn on Track payments for 1099. Add their mailing address and email.
- 2Record what you pay them as expenses, checks or bill payments with them as the vendor.
- 3In January, open [Contractors](/expenses/contractors) (Expenses & Bills) and pick last year.
Anyone marked Needs one was paid the IRS amount or more by cash, check or bank transfer: $600 for 2025, $2,000 from 2026. Card payments are left out because the card company reports them.
TallyPip doesn't file 1099s. Give these totals to your accountant, or file them with the IRS (and send a copy to each contractor) by January 31.