Does it matter if a name is misspelled on a 1099 but the tax identification number is correct?

Hello there, rene_garcillano. 

We can update the vendors name within QuickBooks and then print a new paper form to amend a 1099. Follow the same process in preparing your 1099s. Once the form is printed, mark the CORRECTED checkbox at the top. 

Here's how to edit your vendor's profile. 

1. Go to the Expenses menu.
2. Click Vendors and select the vendor's name. 
3. At the upper-right, click Edit. 
4. Correct the vendor's information.
5. Click Save. 

It's also best to reach out to the IRS for more clarification. You can also refer to this articles that will give you further information about 1099s FAQ.  

I'm here to help if you need anything else.