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Marilyn-Hughes
Level 1

How to fix zelle payments to contractor showing up on 1099?

My 1099 for a contractor includes payments via Zelle, how do I fix so the payments via Zelle do not show up on 1099?
3 Comments 3
GenmarieM
QuickBooks Team

How to fix zelle payments to contractor showing up on 1099?

I appreciate you posting your concern here in the Community, @Marilyn-Hughes.

 

I am here to share some insights into why your payments via Zelle are showing on 1099 in QuickBooks Online Payroll (QBOP).

 

It is important to know that payments to 1099 vendors made via credit card, debit card, or third-party systems, such as PayPal and Zelle, are excluded from the 1099-MISC and 1099-NEC calculations.

 

Regarding your concern, ensure that your payment method is correct and make sure to put a word Zelle in your check number field to exclude the transactions from your 1099 calculations.

 

Moreover, I'm adding this helpful article as your reference in preparing your 1099 in QBOP: Prepare and file Federal 1099s using QuickBooks Online.

 

Please don't hesitate to return to this post if you have other concerns regarding filing your 1099 in QuickBooks Online Payroll. I'm here to help you in any way I can.

Marilyn-Hughes
Level 1

How to fix zelle payments to contractor showing up on 1099?

I think your rep reply offering a solution was based on the fact that maybe I had not already entered the transaction. however, my transactions that were showing up on my 1090 99 Took Pl. in the first six months of 2023. I did try to go back and edit the transaction and put in Zelle instead of a check number however, they still showed up on the 1099. I haven't received any replies or found any solutions to when those transactions are on the 1099 and they should not be what to do.

 

So I did speak with the live bookkeeping department, and the QuickBooks representative told me to delete the transactions in that were showing up in prepare 1099. Which I did I asked her what was going to happen to those that I deleted as she had advised, and she did not give me an answer. She walked me through the rest of the 1099 to be sure it was going to present properly on the form and it did and then she said she had to go real quickly and she would call me back. So she did not call me back . And now I need to figure out how to correct my P&L and my balance sheet from the transaction she told me to change. Thank you for your time and replying, Marilyn 

 

 

MarkAngeloG
QuickBooks Team

How to fix zelle payments to contractor showing up on 1099?

I understand the importance of correcting your Profit and Loss and Balance Sheet in QuickBooks Online, Marilyn. We assure you that our live support will help you fix this and continue with resolving everything. I recommend contacting QuickBooks Online support again so they can take a look at your QBO account and investigate the root cause of the problem to apply a solution.

 

Here's how:

 

  1. Head to this link: Contact Us.
  2. Select QuickBooks Online product and click Continue.
  3. Select Contact Us and choose a way to connect with us:
  • Start a chat with a support expert.
  • Get a callback from the next available expert.

 

Furthermore, you can view your previously filed tax forms in QuickBooks Online.

 

Feel free to leave a comment below if you have additional concerns about your taxes in QuickBooks Online. We're always here to assist you.

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