It's my pleasure to assist you today, suzannek.
I'm here to help you run your desired 1099 report that includes amount in QuickBooks Online (QBO).
We can run the 1099 Transaction Detail Report in QBO. This shows all transactions and total amount for each contractor and their account number, tax ID, with splits. I'd be happy to walk you through on how to run this report:
You may want to check out this guide on preparing 1099 in QuickBooks Online: Prepare and file 1099s.
Following the steps when preparing 1099's, you'll select the accounts whose transactions will populate the 1099 Transaction Detail Report.
You may want to visit this article on how to create 1099 report s in QuickBooks Online: Create a 1099 report for vendors and vendor payments.
I also recommend checking out our 1099 video tutorial for more information: youtube.com/watch?v=Izr-7XC6PQY
There you have it. I'm always here whenever you have questions while working with 1099's in QBO. I'd be glad to answer them for you.
Your response doesn't address my issue. I've done the steps you said, but there is no data on the report. I have double checked that the vendors have the 1099 box checked and expenses are > $600, indicating that a 1099 is required.
Good Afternoon, @JenZr.
Thank you for your feedback. Let's work together and get this resolved.
If you're having issues viewing the correct amount for your 1099 report, let's try some troubleshooting steps to get you back to business.
Make sure the correct Tax Year is selected in the Preview 1099 information:
If this is a bill payment, make sure it's attached to the bill:
Once you complete these steps and it's still not showing the correct information, check that the payments are assigned to a vendor and not an employee.
If the vendor paid by credit card, those will be reported on a 1099K form submitted by the payment processor.
Also, the 1099 Transaction Detail Report requires the vendor's transaction accounts to be selected as well. To fulfill this, see below:
Choosing Accounts for 1099 Tracking and Reports
If you have any more questions, please don't hesitate to Reply to this thread. Happy Thursday!
This report is not working. Is there an estimate of when it will be fixed?
Hi there, tstruminger.
Let's get this escalated to our engineers by contacting us. This way, we'll be able to check the cause of this issue.
Here's how to reach us:
If you have other questions, we are here to help.