Prompt: Based on the attached contractor and vendor reports, can you identify which individuals or entities require a 1099-NEC for 2024, summarize their total payments for tax reporting, and confirm the IRS filing deadlines for both paper and electronic submissions?
2. Upload your Contractor Payment Reports & Vendor Invoices
3. Evaluate 1099 Filing Needs Based on TaxGPT’s Summary
4. If Available Check Summary Table for 1099-Required Entities
5. Use TaxGPT Co-Pilot to generate a client-facing memo or email outlining the
findings.
Prompt: Please draft a professional email to the business summarizing which
vendors or contractors require a 1099-NEC for the 2024 tax year based on the
attached vendor invoice data. Include vendor names, amounts paid, and note that
they meet the IRS $600 reporting threshold for non-corporate service providers.
The tone should be clear and informative, and the message should prompt the
business to take action on preparing the necessary forms
6. Expand the window to view the email and edit as necessary.
7. Quickly send the memo to your client or team.
