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1099-perp.com enables users to import payer and recipient data through an Excel format. The initial step involves downloading an import file, which can be done in three ways: downloading an empty import template, exporting an existing file with payer and recipient data to fill out, or generating an Excel import file from an accounting system that matches the required format. To obtain an empty import template, click the up arrow for import options and then select the template download button. Each form available on 1099-perp has its own specific import template. For demonstration, the video focuses on downloading the 1099-NEC import template, which opens in Excel with designated columns for data entry.
