Terms

Contractor Pay pays independent contractors for businesses and files their tax forms as the business's agent. It is not employee payroll. Each business alone decides whether the people it pays are independent contractors; this service does not make, review or suggest that decision.

Money is moved by Stripe. Contractor Pay never holds it in its own bank account. Payments made outside the service and recorded here are reported as "reported by payer".

Filing agent agreement

Filing agent agreement

1. The business named above ("the payer") appoints Contractor Pay as its agent to prepare and file Forms 1099-NEC with the IRS, corrections to them, and California Forms DE 542 with the EDD, for payments the payer makes through this service.
2. Contractor Pay signs those filings "For: (the payer)". The payer stays responsible for the accuracy of the information it gives, for any penalty the IRS or EDD charges, and for depositing any backup withholding on Form 945.
3. The payer alone decides whether each person it pays is an independent contractor. Contractor Pay does not make, review or suggest that decision.
4. The payer approves each Form 1099-NEC and each yearly payment statement before it is filed or released.
5. Either side may end this agreement by notice; filings already due for payments made stay with Contractor Pay for that tax year.

Payment agent agreement

Payment agent agreement

1. You (the contractor) appoint Contractor Pay as your agent to receive payments from the payer named above for your invoices.
2. A payment the payer makes to Contractor Pay for your invoice counts as paid to you by the payer, from the moment Contractor Pay receives it.
3. The money is moved by Stripe to your own Stripe account. Contractor Pay never holds it in its own bank account.
4. You will be paid by Stripe's standard payout, or by instant payout to a debit card for the fee shown before you confirm.
5. You set your own hours and methods. The payer does not set schedules or track your time through this service.
6. You may end this agreement by notice. Invoices already approved are still paid under it.

Electronic tax forms

Consent to receive Form 1099-NEC electronically

- Scope: this covers every Form 1099-NEC and corrected form from this payer, until you withdraw.
- Paper copy: if you say no, or withdraw, a paper copy is mailed to your address. You may also ask for a paper copy at any time, free, on your Tax forms page.
- How to withdraw: on your Tax forms page, choose Paper copies. Withdrawing takes effect for forms sent after that day; it does not undo a form already sent.
- When this ends: when you withdraw, or when the payer stops paying you through this service. You are told by email if that happens.
- How to reach us: by email from your Tax forms page. Tell us there if your email changes.
- What you need: a device that can open a PDF file and an email address. You are told by email if this changes.
- How long forms stay online: each form stays on your Tax forms page at least until October 15 of the year after the tax year.