For 1099 contractors and independent contractors
Bookkeeping for 1099 contractors and independent contractors, done from your statements
Drop in the statements and exports 1099 contractors and independent contractors already have. ProfitBooks categorizes every transaction, tracks the deductions that matter for your work, and hands your tax preparer a clean profit and loss. $20 a month, billed annually, plus pay-as-you-go credits.
100 free credits at signup, 10 free every day. No card required.
What you upload
- Checking statement
- Credit card statement
- 1099-NEC forms from clients
- Receipts and mileage log
What gets categorized
- Contract income
- Tools and equipment
- Mileage
- Phone and internet
- Insurance
- Training
Deductions to look for
- Half of self-employment tax
- Equipment and tools
- Mileage
- Home office
- Health insurance
- QBI deduction
Why it fits
Built for the way 1099 contractors and independent contractors actually run money.
Income arrives from a few sources, expenses land on one or two cards, and nobody has time to categorize 12 months of it in April. ProfitBooks reads the statements, learns your vendors, and keeps the profit and loss current so quarterly taxes stop being a guess.
- Chart of accounts built for your industry from one question
- Confidence threshold: auto-finalize the obvious, review the rest
- Year-end totals by category, ready for Schedule C or your preparer
- Need a reconciled balance sheet? Full Books, $99 a month billed annually, replaces the bookkeeper
Pricing
What 1099 contractors and independent contractors pay
About 80 transactions a month is 960 a year, which fits inside the 10 free credits you get every day. You would pay the $240 a year base plan ($20 a month, billed annually) and nothing else.
FAQ
Questions, answered
Do I need to connect my bank?
No. Download the PDF statement from your bank or take a photo of it. ProfitBooks reads it. No logins shared, no feeds to babysit.
What does it cost for 1099 contractors and independent contractors?
About 80 transactions a month is 960 a year, which fits inside the 10 free credits you get every day. You would pay the $240 a year base plan ($20 a month, billed annually) and nothing else.
Can my tax preparer use it?
Invite them free. They see the same profit and loss and ledger you do (and the reconciled balance sheet on Full Books), and can export CSV for their software.
My 1099s do not add up to my deposits. Which number do I use?
Your books, built from bank statements, are the truth. 1099s are what clients reported; some clients forget, some include reimbursements. Report actual income and keep the statements as the record.
Your books for 1099 contractors and independent contractors, done tonight.
Create a free account, drop in a bank statement, and watch every transaction get categorized. 100 free credits to start, 10 more every day. No card required.
Takes about 90 seconds. No sales call, no onboarding fee, no contract.