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idanorcaloffice
Level 1

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

 
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Best answer January 30, 2022

Best Answers
JessT
Moderator

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

Hi idanorcaloffice,

 

Thank you for making sure that you put a check on Track payments for 1099 and for verifying that you paid your contractors using checks. Let's check to see why some of them are still missing on your 1099 reports.

 

Not mapping the accounts and not reaching $600 are two of the other reasons why your contractors don't show up on your reports. When you prepare 1099's in QuickBooks, you'll be able to map the forms, and along the way, you also have an option to check which of the contractors didn't reach the threshold.

 

Here's an article with a video tutorial for preparing the form: Create and file 1099s using QuickBooks Online. The Accounts section is for mapping the accounts and the Review section is for you to check who meets or didn't meet the threshold.

 

Accounts section:

 

 

 

Review section:

 

 

 

If you have more questions about your 1099 report, feel free to post them in the Comment section below. I'll be happy to help you again.

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6 Comments 6
JessT
Moderator

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

Hi idanorcaloffice,

 

Thank you for making sure that you put a check on Track payments for 1099 and for verifying that you paid your contractors using checks. Let's check to see why some of them are still missing on your 1099 reports.

 

Not mapping the accounts and not reaching $600 are two of the other reasons why your contractors don't show up on your reports. When you prepare 1099's in QuickBooks, you'll be able to map the forms, and along the way, you also have an option to check which of the contractors didn't reach the threshold.

 

Here's an article with a video tutorial for preparing the form: Create and file 1099s using QuickBooks Online. The Accounts section is for mapping the accounts and the Review section is for you to check who meets or didn't meet the threshold.

 

Accounts section:

 

 

 

Review section:

 

 

 

If you have more questions about your 1099 report, feel free to post them in the Comment section below. I'll be happy to help you again.

JoeHP1
Level 1

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

I'm having the same issue.  I have 2 vendors that are above the threshold for total payments and direct sales, but show nothing in the 1099 column.  They are both marked for 1099s, but are showing up below the $600 threshold.  I've tried everything, but it doesn't seem to be working.  I have other vendors that are above the threshold, and I've done nothing differently for these 2 vendors.  

TirzahC
QuickBooks Team

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

I thank you for the complete details you've shared,JoeHP1.

 

QuickBooks Online (QBO) automatically exempts vendor payments made through credit cards, debit cards, or third-party systems such as PayPal. In this situation, it's the financial institution that reports these payments, so you won't have to. 

 

For your reference, I'm also adding here a link that you can visit to give you more details about which payments should be excluded from the 1099-MISC and 1099-NEC form: What payments are excluded from a 1099-NEC and 1099-MISC?

 

Feel free to post a reply below if you have other questions about your 1099 form in QBO. I'll get back to you as soon as I can.

JoeHP1
Level 1

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

Every payment made to these 2 vendors is marked as a check, so it doesn't make sense that they are not as meeting the threshold.  

Angelyn_T
QuickBooks Team

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

I appreciate you for getting back, @JoeHP1.

 

I can see from your previous attachment that these vendors go above the threshold for payments and sales. Since they aren't showing up when preparing your 1099, I'd suggest checking out the accounts for your entries. 

 

One factor why this happens is when the accounts used on the vendors' transactions don't match the accounts when mapping your 1099s. For now, you can adjust your account and the contractor payments. For additional reference, check out this article: Create and file 1099s using QuickBooks Online.

 

You may also see the screenshots provided by JessT above on how to pick the accounts from the Categorize payments to contractors section.

 

I'm also adding this article to know more about 1099: Get answers to your 1099 questions.

 

If you have any other follow-up questions about your contractors' 1099, let me know by adding a comment below. I'm always here to help. Have a good one!

idanorcaloffice
Level 1

Not all of our vendors are pulling to the 1099 report. Their profiles are setup to "track for 1099". We paid these vendors via check.

This is what a CPA told me to do and it worked:

 

Once upon a time, selecting G/L accounts for 1099 Vendors was called “Mapping”.

 

To get to the screen to select the accounts, go to:

“Taxes” from the menu screen

1099 Filings

Continue your 1099’s

Then click “back”

Then you will see “Categorize payments to contractors” screen.

The drop-down menu for “multiple accounts” is where the accounts needed can be selected.

 

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