Quickbooks Desktop supporting new 3up 1099 NEC format

olsenbkpg · ‎December 05, 2021

I heard a rumor that Intuit has not yet updated to provide the new form format?

I'm hoping this is a mistake as only 3 weeks away from beginning to prepare these forms that are due in less then 60 days, and software that has always supported these government requirements may not be!

NOT ACCEPTABLE.... my clients pay for the most part monthly for the software which should include the required government reporting that has always been provided... quit getting fancy and stick to business, please!~

katherinejoyceO · ‎December 05, 2021

Hi there, @olsenbkpg.

I appreciate you for sharing your concern about the new 3up 1099 NEC forms.

I understand you need to have this implemented before the filing season. Rest assured that our compliance team is working closely with the IRS for proper guidance regarding the new 1099-NEC form.

I'll make sure we keep you updated with its availability through email or in-app notifications before the 1099 filing season begins.

For future reference, check out this article to get more insights: Latest payroll news and updates.

I'll be here if you have other questions about the tax forms in QuickBooks Desktop.

tkochmann · ‎January 06, 2022

WHEN will this be available? QB, You are costing me time. Any news?

RMcNeillTN · ‎January 06, 2022

Same here…but with QB Online. This is insane. Come on QuickBooks!

MadelynC · ‎January 06, 2022

I've got some information about the new 1099 NEC.

@tkochmann In QuickBooks Desktop (QBDT), you can now print 3 forms on a page for 1099-NEC as long as you’re on the latest release with appropriate Ultra-Light Patches (ULIP) or Critical Fixes.

Here are the steps to update your software:

Go to the Help menu and select Update QuickBooks Desktop.
Click the Options tab. Select Mark All and then select Save.
Press the Update Now tab. Make sure the Critical Fixes is marked.
Hit Get Updates.

You need to close and reopen your QBDT account when the update is finished. Once done, click Yes to install the updates, then restart your computer.

You can use this reference to prepare and file your federal 1099s: Create and file 1099s with QBDT.

@RMcNeillTN At the moment, we're unable to provide you with a specific timeframe as to when this new 1099 NEC format becomes available in QuickBooks Online (QBO). Rest assured you’ll receive updates via email before the form's submission deadline.

I've attached this article for you about preparing and filing your Federal 1099s with QBO: Create and file 1099s.

If you have any other questions or concerns besides the new 1099 NEC, please know that you can always visit Community. We’re always here to assist you.

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Quickbooks Desktop supporting new 3up 1099 NEC format