1099 Reporting
| 1099 QuickLinks |
|---|
| What is a 1099? |
| Who is an Independent Contractor? |
| Paid Services for AYSO |
| 1099 Reporting |
| Completing the 1099 Template |
| Setting up QuickBooks for 1099 Reporting |
All SARs are required to submit their worksheets and W-9s by January 10th annually, to provide the AYSO office ample time to file with the IRS. Filing 1099s for SARs is included as part of the service the AYSO office provides.
Even though QuickBooks may offer to file 1099's for you, please do not use this service yet. We are looking into this as a future option. Currently, the AYSO National Office will file all 1099's on the Region's behalf and ensure they are sent to each recipient.
Please note a penalty of $100 for each 1099 is imposed by the IRS and passed to the SAR if a late submission causes the office to file past the due date. Additional penalties may be incurred for omitted vendors as well.
How do you submit 1099 information for your Section/ Area/ Region?
1.) Download and complete the 1099 Template
- QuickBooks users may have a report that will give you the information needed to complete this template. In order to pull a report from QuickBooks, all vendors must be set up in QuickBooks and the "Track payments for 1099" Checkbox must be marked. Your transactions will also need to have a payee assigned.
- If your QuickBooks has been set up for 1099 reporting, you can run a 1099 Transaction Detail Report.
- If you don't see anything on the 1099 Transaction Detail Report, or aren't sure if your QuickBooks is set up for 1099 Reporting, please email Finance@AYSO.org and request assistance. The finance team will be happy to help get this set up correctly.
- You can also run a Transaction Detail by Account report for the year - specifically looking at your expenses for services performed for the region. If you are unsure where to look, the Finance Team will be happy to assist.
- QuickBooks users may have a report that will give you the information needed to complete this template. In order to pull a report from QuickBooks, all vendors must be set up in QuickBooks and the "Track payments for 1099" Checkbox must be marked. Your transactions will also need to have a payee assigned.
2.) Gather your W-9s collected from your vendors
3.) Email the completed 1099 Template and W-9s to Finance@AYSO.org, preferably with the subject line as follows: Region### - 2024 - 1099s
