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Senior Explorer *

1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above $600. I have them listed as 1099 on the vendor information

 
12 Comments
Established Community Backer ***

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above $600. I have them listed as 1099 on the vendor information

The reporting value is $600 or more, and if you paid by cash or check.

Senior Explorer *

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above $600. I have them listed as 1099 on the vendor information

There were several transaction for each vendor, approximately 8 or 9 and all but one was under $600, but the total for each vendor was above $600. 


@qbteachmt wrote:

The reporting value is $600 or more, and if you paid by cash or check.


 

Moderator

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Hello DecaturInvestor,

 

When preparing 1009s, you'll need to select the correct account in Box 7 so it will display the expected amount. You can also use this article for additional reference: 1099 E-File Service: QuickBooks Online Setup and Troubleshooting.

 

Let us know if you have further questions about this.

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Senior Explorer *

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...


@JamesDuanT wrote:

Hello DecaturInvestor,

 

When preparing 1009s, you'll need to select the correct account in Box 7 so it will display the expected amount. You can also use this article for additional reference: 1099 E-File Service: QuickBooks Online Setup and Troubleshooting.

 

Let us know if you have further questions about this.

Capture.JPG


I never got to that point because it doesn't pull the vendors amounts. 
As I mentioned there are two vendors and both easily surpass the $600 threshold. Strangely if I select vendors that don't meet the threshold they show up. All were paid with checks.

QuickBooks Team

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Hello there, @DecaturInvestor.

 

Allow me to join the thread and help share some information about preparing 1099s in QuickBooks.

 

Yes, only those contractors you paid above the threshold get a 1099. In order to show the contractors that meet the threshold, you may need to map the accounts used for the transactions of those vendors.

 

Here's how:

 

  1. Click Workers at the left pane.
  2. Select Contractor and click on Print 1099s.
  3. Click on Continue your 1009s.
  4. On the Accounts section, put a check-mark on Box 7: Nonemployee Compensation.
  5. Choose the accounts used by clicking the drop-down arrow beside Multiple Accounts.
  6. Click Next twice.
  7. The vendors/contractors will now show up under the Check that the payments add up page.

That would do it. Let us know if you have any other questions by adding a comment below, we're always here to help. Wishing you the best!

Senior Explorer *

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...


I believe you're using an old format. You wouldn't click on workers if you're getting a 1099. That is a huge red flag that you are going to confuse others that read this. You click on Contractors then click on 1099. Please don't confuse the two as this is very very important. I think you should remove your thread as it is very confusing. 

Again, I have completed those steps and this is still not working.  

@Angelyn_T wrote:

Hello there, @DecaturInvestor.

 

Allow me to join the thread and help share some information about preparing 1099s in QuickBooks.

 

Yes, only those contractors you paid above the threshold get a 1099. In order to show the contractors that meet the threshold, you may need to map the accounts used for the transactions of those vendors.

 

 

Established Community Backer ***

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Just follow the analysis steps:

Did you mark someone as Reportable?

Were they paid in an Account that is Mapped as reportable? Examples: Box 1 = your Rent Expense needs to be linked. Box 7 = Contract Labor is linked, but not Materials expense.

Then the program evaluates if that Name was paid for those Account Reasons, to the reporting level per that box (they vary), and by the Payment Method that is reportable (check and cash).

 

If all tests are met, this is reported.

Anonymous
Not applicable

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Hi there, DecaturInvestor,

 

Thanks for getting back to us. I'm here to help you with your 1099 report.

 

There are two ways to process 1099's in QuickBooks Online. Here's how:

 

Option 1:

  1. Select the Expenses menu.
  2. Go to the Vendors tab.
  3. Click the Prepare 1099s button.

Option 2:

  1. Go to the Workers menu.
  2. Click the Contractors tab.
  3. Click on Prepare 1099s.

The discussions shared by my colleagues JamesDuanT and Angelyn_T should help you get your work done. When preparing the 1099 report, you should be able to view vendors you have paid with $600 or more during the year. You'll only need to make sure the expense accounts used for your vendor payments are correctly mapped. You can do that by going back to the Accounts window and reviewing the accounts selected.

 

More importantly, QBTeachmt's answer sums up what needs to be taken for you to complete the form.

 

I've attached an article with full details on how to process your 1099 forms in QuickBooks Online: E-file through the 1099 E-File Service (QuickBooks Online)

 

Please let us know how this goes, DecaturInvestor. You can always get back to me if you need further assistance. I'll be glad to help you out any time.

Senior Explorer *

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

when you say "Expense needs to be linked" everything is linked. Again, if I change it to contractors BELOW threshold then the payments show up. these payments were all made via check. I have removed the name of the accounts. 

 

Screenshot 1099.jpg

Moderator

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Hi @DecaturInvestor,

 

Let's try to check what's happening since we haven't received any reported issues same as what you got so far. 

 

Can you check for me if this is also happening when you try on a different browser? Also, does both of your contractors/vendors setup as individual or business type? I would appreciate if you can give me more details on this.

 

Thanks!

 

Senior Explorer *

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Thank you. I look forward to your answer. 


@KarenEdithL wrote:

Hi @DecaturInvestor,

 

Let's try to check what's happening since we haven't received any reported issues same as what you got so far. 

 

Can you check for me if this is also happening when you try on a different browser? Also, does both of your contractors/vendors setup as individual or business type? I would appreciate if you can give me more details on this.

 

Thanks!

 


 

Moderator

Re: 1099 Vendor correctly marked and show up but when I prepare it doesn't show the amount above ...

Hi @DecaturInvestor,

 

If you have already tried the troubleshooting I've stated above and it's still not working, I suggest you contact us so we can further investigate this for you.

 

Here's how to reach them:

  1. Go to: https://help.quickbooks.intuit.com/en_US/contact.
  2. Choose your QuickBooks product at the upper right.
  3. Select a topic.
  4. Click on the green button that says Get Phone Number.​

Please let me know if you have other concern. I'm always happy to help.

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