I have a vendor that should show a balance for a 1099 is showing zero

How did you pay the vendor?  With a check?  Cash?

On those payments did you use the accounts you've mapped to be 1099 accounts?

Thank you for posting here in the Community, @MINNESOTAMEDICA.

I want to make sure that the vendor name will show up to the 1099 page. To start, let's check first the 1099 Summary Report if you're able to see the vendor's name. 

Here's how:

1. Go to the Reports menu, then select Vendors and Payables. 
2. Choose 1099 Summary.
3. In 1099 drop-down arrow, pick All vendors.
4. Find the vendor's name. 

If you're able to see the name, then the vendor's name should show on the 1099 page.

For future reference on how to track payments for vendor, please check out this article: How to set up contractors and track them for 1099s in QuickBooks.

Don't hesitate to leave a comment below if you have follow up questions. I'm always here to help. Take good care!

Yes, they show up on the Summary Report, but the amount paid says 0.00.  We paid by check and credit card.  The vendor is set up with the 1099 box checked and the TIN entered.

We paid with a check and credit card.  The show up on the 1099 report with the amount paid as 0.00.  

Doesn’t help to call phone support. I’ve been on the phone with quickbooks for an hour and no one is helping. I’m just placed on long holds, followed up with stupid questions that don’t pertain to the issue then long holds again. 

This happened to me as well.  In the beginning of the process you may be asked whether to Print 1099-NEC or 1099-MISC.  QB does give a warninng that 1099 expenses can only be mapped to one or the other.   So when I selected 1099-MISC I got all my 1099s showing zero but the reports had the correct numbers.  I started over and selected 1099-NEC and everything showed up correctly.  Hope this helps.  

I have the exact same problem. This vendor has the exact same account mapped as my other vendors but it only shows up when I map to NEC. The when mapped correctly to MISC, it shows zero. This is maddening.

But NEC is wrong for LLCs. It is not Non-employee compensation. These are true vendors.

I found out why this is happening on certain vendors. Quickbooks has hard coded the amount to go into Box 7, Direct Sales to $5,000. If they amount is below that, it won't let you do a 1099-MISC even though the vendor is a corporation. This needs to be fixed!

Thank you for sharing your concerns with us, CMorrisIV. I'm here to shed some light on how QuickBooks displays the amount in your 1099 tax form.

Please know that QuickBooks Desktop utilizes the expense accounts you've mapped to report transactions on Form 1099. Specifically, Box 7 of 1099-MISC is used to report any direct sales amounting to $5,000 or more. These sales could involve consumer goods sold to a client on a buy-sell, deposit-commission, or other commission basis for resale outside of a permanent retail establishment. Therefore, if the transaction does not meet this threshold amount, it is expected to appear as zero on the tax form. For further details on this topic, please refer to page 6 of the Instructions for Forms 1099-MISC and 1099-NEC (Rev. January 2024).

To further understand how the program populates the figures in your 1099s, check out this article: Understand payment categories for the 1099-MISC and 1099-NEC.

Furthermore, you can check this article to explore comprehensive information regarding the types of payments that were excluded from the 1099 forms: Understand which payments are excluded from a 1099-NEC and 1099-MISC.

• Make corrections to 1099-NEC or 1099-MISC forms
• Print 1099 and, if available, 1096 forms

You're always welcome to revisit this thread if you have any additional questions regarding your 1099 experience in QBO. Our Community experts are here to offer guidance and support whenever you need it. Whether you reply to this thread or start a new post, we're just a click away.