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Experienced Member

What's the best way to run 1099s? My 1099 transaction detail reports are inaccurate with missing vendors and expense transactions. What options do I have for 1099s?

 
3 Comments
Moderator

Thanks for posting in the Intuit Community, telkins, Let...

Thanks for posting in the Intuit Community, telkins,

Let me help share information about preparing and filing 1099.

In QuickBooks Online, we make 1099 easy whether you want to e-file or mail your forms yourself.

Upon setting up a vendor, let’s make sure that the Track payments for 1099s checkbox are selected. Moreover, in adding the payment, make sure that you date it for the right calendar year. You can check this article for more tips: Add or edit contractor payments for 1099s.

To prepare 1099 here’s what you’ll need to do:

  1. Select Expenses from the left menu.
  2. Choose Vendors.
  3. Choose Prepare 1099s.
  4. Select Let’s get started or Continue your 1099s.
  5. Follow the steps to prepare 1099s.

I’m attaching some great resource that you can check on for guidance:

If you have further questions concerning 1099, please feel free to reach back out. I’d be happy to answer it for you. Have a great day!

Experienced Member

Re: Thanks for posting in the Intuit Community, telkins, Let...

I appreciate the response and your reply is spot on if the system is working properly.   In fact, my case was added to an investigation because the reports are NOT pulling the correct information.  For instance, certain vendors are NOT even showing up on the 1099 report because certain expense payments are NOT being pulled on the report but clearly you can see these payments within their vendor profile.   In fact we (with the QBO help desk person), we tried to add a new expense account and re-assign these payments to the new expense account and these payments are still not appearing in the QBO report.  

 

This is a major major problem.    All the data is inputted correctly but QBO's 1099 reports are not pulling the data as it should which puts me in the very bad situation since my plan was to mail these out this week.   Having twins next week so I don't have time or the luxury for QBO to sit on their hands and ignore this issue.   This is a simple 1099 report ( worked perfectly well last year) that needs to work and I'm shocked that this is not getting rectified yesterday.    Case # [removed] for your reference and hope someone can help get this rectified ASAP!  Thanks for your reply!

 

QuickBooks Team

Re: Thanks for posting in the Intuit Community, telkins, Let...

Hi there, telkins.

 

Thank you for taking the initiative to call our phone support and providing details about your 1099 concern.

 

I've checked the open investigation and there are no updates as of right now. There isn't a current time frame for when this will be resolved. However, your case is added to the INV and as soon as we have an update, you will be notified via email.

 

I'll also get back to you personally once I get an update. Thank you for understanding.