Branch offers a self-service tool to streamline 1099 form filing for your organization. This tool allows you to:

Verify and complete worker information.
Submit filings to tax entities.
Correct or access forms after submission.

You can also add earnings paid outside of Branch and file 1099 forms for workers who use Branch Direct or haven’t downloaded Branch at all.

Below is an overview of the steps to ensure your 1099 filings are completed accurately and distributed by the IRS deadline of January 31st.

Steps to File 1099 Forms

Starting December 16, 2024:

1. Submit Business Information

Once the 1099 tax filing service is enabled for your organization, navigate to the new 1099 Taxes page under the Organization tab in Pay Admin. Click Get Started to submit your business information, including your Company Name and Tax Identification Number (TIN).

This information will appear on all 1099 forms and must be verified with the IRS to proceed. You’ll only need to complete this step once, unless your business information changes.

2. Correct TIN Verifications

Branch automatically verifies workers’ names and EINs or TINs with the IRS for those who have a Branch Wallet. If a verification fails, your organization will need to correct the information and resubmit.

Corrections can be made in bulk or individually, but only workers with verified TINs will have forms submitted.

3. Provide Missing Form Details

If some workers lack the required information for a 1099 form, you can add the missing details via a CSV upload process. This is particularly useful for workers who:

Are paid through Branch Direct.
Were paid outside of Branch.
Closed their Branch Wallets before their details were stored.

Required details include:

Full name.
EIN or TIN.
Address.
Worker email addresses (for form distribution).

Important to Note:

Workers must be added to your roster before submitting their tax details.
If you're experiencing issues uploading new data, check out the Managing Worker Tax Details and Special Filing Scenarios article for common CSV upload errors and troubleshooting tips.

Starting January 2, 2025:

4. Review Payouts for Accuracy

By January 2nd, 2025, Branch payouts for 2024 will be finalized. You should:

Download a CSV from the 1099 Taxes tab to review payout totals.
Update non-Branch payouts to ensure earnings are accurate.
Alert Branch Support of any discrepancies.

Use the Upload Records option to make changes as needed.

5. Submit Filings

Once all worker information and earnings are confirmed, submit your 1099 filings. Forms will be queued for filing with the IRS and, once accepted, distributed to workers via email.

Important Deadlines:

Submit filings by January 29th to meet the IRS distribution deadline of January 31st, 2025.
The IRS has a filing freeze until mid-January, so forms submitted during this time will not be processed before January 13th.

Post-Filing Steps

6. Process Corrections

If corrections are needed after filing, make updates directly from the 1099 Taxes tab. Branch will automatically:

Submit an updated filing to the IRS.
Distribute updated forms to workers.
Void the original form if necessary.

*Demo video coming soon

7. Download or Resend Forms

You can download individual 1099 forms or resend them to workers from the 1099 Taxes tab. For bulk downloads of all forms, please contact Branch Support.