Can I run 1099 for 2 more new part time employees who are working for 40 hours in a month, could you please clarify me in this regard
Welcome aboard to the Community, syam1.
Yes, you can run the 1099 forms automatically in QBO by using the E-file feature. You’ll have to set up the employees as vendors so you can process 1099s for them.
Also, the IRS Form 1099 to a non-employee individual is the tax form you file for employees. Meanwhile, the W-2 is the tax form file for your employees. Check out the following guide for more information: About Form W-2, Wage and Tax Statement.
We’ll have to add these suppliers first so you can start tracking the expenses. Let’s go to the Vendors Center to accomplish this task.
Tap the Expenses menu on the left panel to choose Vendors.
Then, click the New vendor tab to open the Vendor Information screen.
From there, fill in the field boxes and make sure to tick the box for Track payments for 1099.