Solutions

IRS 1099 Reporting

Need help during tax season? Lucrotec pays your invoices, so let Lucrotec generate a 1099 electronic fiat file for all the eligible payments that were issued.

Managing IRS 1099 reporting can be complex—but with Lucrotec, it's effortless. Because Lucrotec processes your payments, we can automatically generate 1099 data for all eligible transactions, reducing administrative burden and ensuring compliance.

Automated 1099 Generation

Tax season made easy with automated 1099 generation

  • 1099-MISC, 1099-INT, & 1099-NEC form creation
  • Automatic Data Compilation
  • Supplier Payment Categorization
  • Client Review & Approval
  • Selective Record Management
  • Inclusion of External Payments

Supplier Issuance & Tracking

Seamless 1099 Delivery with Full Compliance & Tracking.

  • Print and Mail 1099 Forms
  • Delivery Tracking
  • Portal Compliance Tracking
With Lucrotec's 1099 Reporting, businesses can eliminate the manual work, reduce errors, and ensure accurate, timely IRS submissions—all while keeping full control and visibility over the process.