1099 Process for 2024 Tax Year

As 2024 comes to a close, it is once again time to prepare your 1099 reporting. We want the process to be as seamless and straightforward for you as possible and have provided checklists and screenshots to help guide you. Please review the information below and let us know if you have any questions. A lot of time and effort will be saved by addressing any uncertainties before you begin printing forms.

Our team is happy to take care of printing your 1099 reports. You’ll find details at the bottom of this page, including costs, information needed and how to submit the request. 

Requests must be submitted by January 13, 2025.

General 1099 Instructions & Guidelines

It is strongly recommended that all data and vendor information is reviewed before filing in order to prevent errors. Remember, the IRS can audit productions months, or even years, after filing 1099(s).

IRS Filing Deadlines for Tax Year 2024

Note: if you’re filing paper forms instead of submitting electronically, a 1096 form must accompany each filing. So if filing for both 1099 MISC and 1099 NEC’s you must submit a separate 1096 with each reporting.

Deadlines for IRS Form 1099NEC

Deadlines for IRS Form 1099MISC

Checklist Prior to Filing

Production Company Information

• Go to the SETUP menu and select Company

• Make sure the following are accurate and/or complete:
  • Name of company
  • Company address
  • Tax information (Federal Tax)
  • Contact information (contact name, contact phone, and contact email)

Vendor Information

• Go to Vendor Setup

• Make sure the following are accurate and/or complete:
  • Vendor name
  • Address
  • Full tax ID/SSN

Your 1099 reports can easily be printed within Luca by simply following the steps below.

In the Luca menu folders (left hand side), go to Reports > X-Show Reporting

This will open the Tax Reporting program and input the correct report criteria. Remember to select correct project(s) and 

You may do one of the following: 
 
Note: should there be a vendor error, doing any of the following will produce a PDF report showing the error (e.g. missing Fed Tax ID, duplicate vendor etc.) The error must be corrected in order for any further processing to continue.

• Print Summary and/or Detail to preview/audit data
• Print 1099 Errors
• Print 1099 Misc
• Print 1096 Misc
• Print 1099 NEC
• Print 1096 NEC
• Create 1099 E-file

You should get a pdf of what will print out on the actual pre-printed form. Please make sure that you selected actual size (not shrink) from the print dialog box when printing the final version.

Extreme Reach Can Assist In Printing Your 1099 Reports

Your request must be submitted by January 13, 2025.

1. Please perform the check list (see above check list for details) 
    
2. Email request to pssupport@extremereach.com (no later than January 13, 2025) and include the following information:
   1. Production Company Name & your Federal Tax ID#
   2. List of show(s). Please inform us if you would like us to merge 1099 data for multiple shows
   3. Attach final 1099 summary report
   4. Indicate if you would like us to file electronically (eFile) on your behalf
   5. Indicate if you would like us to mail forms to the individuals or send back to the production office 
       
3. The cost for the print service is $10.00/form and will be invoiced upon completion. The print service includes the following:
   1. Copy A unless Extreme Reach eFiles on your behalf
   2. Copy B (vendor copy)
   3. Copy C (payer copy)
   4. eFile (if requested)
   5. All printed forms (including envelopes) can be sent back to your production office or mailed on your behalf
   6. Stamps, FedEx or UPS shipping cost will be billed separately
   7. Any reprints will also be billed at $10.00/form

As always, please contact our Support team with any questions as these dates approach. 
 
Happy Holidays from Extreme Reach!