This plugin provides an easy way to export payout information from popular WordPress affiliate and multivendor marketplace plugins, which is required for year-end 1099-MISC filings.
Who It’s For:
While affiliate and vendor programs can be simple to set up, they often result in a lot of scattered information. Nowhere is this more painful than during tax season. WP1099 to the rescue. When paired with one of the compatible WordPress plugins, this convenient plugin consolidates vendor and affiliate information and provides an easy-to-use export when needed.
How It Helps:
The convenient dashboard collects all the information in one place. No longer do you need to search elsewhere. Want to look something up? Go there to view information like total affiliate and vendor payments throughout the year or to analyze payouts made to each affiliate and vendor.
At the year-end, WP1099 makes tax season easier by generating a Comma Separated Values (CSV) file with the correct amounts itemized by line. Simply, export the data and fill out the provided 1099-MISC template for each vendor and affiliate.
Setup Is Simple:
Once you’ve chosen your plan and installed the plugin, enter your license key in the plugins Settings to ensure that you continue receiving updates.
After that, select the correct tax year and enter the information about your business. Please note, this business information (such as your business name, address, etc.) is important as it will be used when generating the export file.
An Added Advantage:
Individual affiliate and marketplace plugins will only show the total payouts for all time. This can make it difficult to determine exactly how much was paid to a particular vendor at the end of the year.
WP1099 makes it possible to view the total payouts made to each vendor and affiliate throughout the tax year. Our plugin sorts the payments by tax year, providing an overview of what’s to come at the end of the year.
Need to review something from a previous year? Simply adjust the Tax Year setting under the Settings tab to access the information. Export payouts to a CSV file at anytime by clicking the Export button at the top of the page.
Renew For Updates:
The license for WP1099 is valid for one year. It is important to renew the license in order to receive vital updates after the first year. Renewing your license ensures that the plugin is up-to-date with the latest changes in tax laws and other IRS requirements.