Spotlight: Tabs3 1099 E-file

December 2024    Tags: 1099s, Accounts Payable, Trust Accounting, Year-End

Tax time is stressful for everyone, but especially for businesses. Tabs3 Software has partnered with Nelco^® to provide Tabs3 E-file, a complete solution to filing your forms 1099-MISC, 1099-NEC, and 1096. You don’t need to deal with the forms, envelopes and postage, or configuring your printer at your office; instead, simply upload your data to the Tabs3 E-file portal and they can be electronically filed, printed and mailed, or emailed on your behalf, saving you time and manpower every year.

To transmit Form 1099-Misc and Form 1099-NEC to the Tabs3 E-file portal

1. From the Accounts Payable Quick Launch, search for and select “Tabs3 1099 E-file.”
2. Optionally specify a Minimum YTD Amount other than 600.
3. In the Trust Transactions section, optionally select Merge transactions where Firm is the payer and/or Include transactions where Trust Account is the payer. (Note: Tabs3 E-file can also be started from Tabs3 Trust Accounting, with similar options.)
4. Click Transmit.
   1. Log in with your Tabs3 E-file account information.
   2. In the Forms in Progress section, select the desired options and click Next.
   3. Verify your information is correct and click Next.
   4. Enter your payment information and click the Pay & Submit button.

Prefer not to use the Tabs3 E-file portal? No problem! Tabs3 Accounts Payable (AP) and Tabs3 Trust Accounting (Trust) allow you to view 1099 information on reports, print Form 1099-MISC or Form 1099-NEC for filing, or create a 1099 Disk File which can be used to electronically file with the IRS. Using both AP and Trust together allows you to create a combined file by merging your Trust data into AP to run one set of 1099 forms or create a single electronic file.