Follow

Working with 1099 Forms in MyRacePass

Because MyRacePass is a cloud-based system, we do not have the ability to securely store a Social Security Number or Federal Tax ID. We are working to address this, but in the meantime we offer some suggestions for working with 1099 forms in MyRacePass.

MyRacePass users can easily track team and driver payout. If you are fully utilizing the MRP Race Management system, you will already have recorded your payouts from printing payout checks or calculating points each week. The system automatically keeps track of the payments made to each driver during the year.

Export Payout Report as an Excel Spreadsheet

Driver and team addresses are stored in the system when entered in online registration, sanction management or back gate entry. At the end of the year, you can export a spreadsheet with the address (Contact List) and payout information (Yearly Payout Report) which can then be merged with another spreadsheet containing the social security or federal tax ID numbers.

You will then have a list that can be imported into your tax or accounting software. Below are some example links for 1099 tax helper software.

Inexpensive 1099 Software Programs & Options:

See Also:

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments