1099's in QBO - at what point do I get charged for using the function?

Thanks for this. So you pay only if/when you actually file, that's what I thought. 

Would be nice if we could mark the specific 1099 type we are tracking (when you add the vendor) - e.g. NEC, MISC and then get a report by payer showing the type, payees, and amounts. 

thanks again.

Thanks for checking back with us, @DS127.

As my colleague mentioned above, you can pull several different detailed reports for 1099's. To see a list of the reports and steps to run them, check out the help guide I'm including below. 

• Create 1099 reports in QuickBooks

When preparing your 1099s, you can choose the box for the types of payments you made and the expense accounts you use for these payments. That said, QuickBooks will depend on how you set up the details on 1099. I suggest making sure that the accounts and boxes are properly mapped for both the 1099-MISC and 1099-NEC forms so QuickBooks will automatically determine the entries that should go to the 1099-NEC.

To ensure that you select the correct accounts and that the records are in shipshape, I suggest consulting an accountant before properly mapping the tax form. They can provide suggestions on how to properly handle the transactions and the specific account to be used. 

You can open this article to view details on which payments are not included in the 1099 forms: Understand which payments are excluded from a 1099-NEC and 1099-MISC.

Please don't hesitate to let me know if you have any additional questions or concerns. Have a good one! 

So my question is, I produce 1099's for a couple of my clients.  Does QBO charge me sales tax on my invoice?  Should I also be charging that to my clients? Example if I am charged for 11 1099's to my client, my bill should be around $176.86.  Am I charged tax on top of this?  I charge $20 per 1099 to my client, should I charge the sales tax to him as well?

I'm happy to answer your inquiries regarding sales tax charges in QuickBooks, @rboice60. I'll also provide clear insights and recommendations to help your business.

QuickBooks will not charge sales tax on your invoices. Sales tax inclusion in your sales forms depends on your setup and the regulations specific to your area. I recommend consulting with a tax advisor or checking with your state’s revenue department for specific guidance on your services.

The good news is that if you need to charge sales tax, you won’t have to do the calculations yourself. QBO can take care of that for you. It figures out the correct tax rate based on a few factors: whether a customer is tax-exempt, where the sale and shipping occur, and what is being sold.

For more details, check this resource: Learn how QuickBooks Online calculates sales tax.

In addition to this, feel free to explore these resources as future reference if you would like to file your 1099 forms using the program and if you need to publish them.

• Create and file 1099s in QuickBooks Online
• Print your 1099 and 1096 forms.

Before we end this conversation, I'd like to take this opportunity to introduce to you one of our in-demand product, QuickBooks Online Payroll. It's a great tool for businesses. It makes payroll easy by calculating taxes automatically and letting you pay employees directly to their bank accounts. It also creates tax reports and gives employees a portal to access their pay stubs. To learn more about it, feel free to visit this link:  https://intuit.me/3Dw5ejs

If you have questions or need clarification on setting up and applying sales taxes in QuickBooks, don’t hesitate to tag me in the comments below. I understand how important getting this right is for your business, and I'm here to help. Have a wonderful day!