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Double Hung
October 8, 2018
Question

Removing 1099 preference from accounts

  • October 8, 2018
  • 21 replies
  • 127 views

I want to change our chart of accounts and want to remove some accounts from being a sub-account.

 

When I uncheck the box for subaccount in editing an account I am told I have to take the 1099 preference of the account.

 

Going into the Edit/Preferences/Tax 1099 to remove the account from this 1099-reporting, I am not able to remove the accounts. I even tried to click Do not report 1099's but nothing  works.

Please help!

 

Thanks!

    21 replies

    AlcaeusF
    AlcaeusF
    Level 14
    October 8, 2018

    Pleased to see you here in the Community, @Double Hung.

     

    I'm here to help remove a sub-account in your Chart of Accounts associated in the 1099 Preferences in QuickBooks.

     

    To delete or remove the accounts association in the 1099 Preferences, here's how:

     

    1. Click the Edit menu at the top.
    2. Select Preferences on the drop-down
    3. Choose Tax: 1099 on the left pane.
    4. Go to Company Preferences tab.
    5. Under “If you want to map your account to boxes on Form 1099-MISC” , choose Click here.
    6. Look for the sub-account that you need to remove.
    7. Click the drop-down and select Omit this payment from 1099.
    8. Once done, select Save and Close.

     

    You can also refer to this article for more information: QuickBooks 1099 Wizard.

     

    After that, go back to your Chart of Accounts and you should be able to remove that sub-account.

     

    That'll do it! If you're getting the same issue, please let me know by leaving a comment below. You can do that by clicking the Reply button. I'm always here whenever you need help.

    H
    HenningvdW
    October 11, 2018

    FritzF - I have the exact same issue that @DoubleHung described (moving a sub-account) with one particular account. I was able to move a number of other accounts without problem. This particular account is not even listed in the 1099 Mapping list. Any advice on how to resolve this issue?

    B
    Billy49
    January 19, 2021

    Hi again, @HenningvdW.

     

    Thanks for your prompt response.

     

    Congratulations! Glad to know that you've successfully move the sub-account.

     

    Please don't hesitate to reach out to us again here in the Community. I'd be glad to answer any additional questions that you may have. Take care and enjoy the rest of the week!


    1-19-21

    Re: Removing 1099 preference from accounts...

    more specifically removing an accounts that is listed in The Wizard as 'Accounts used for 1099'.  Can you help?

    How do I add or remove accounts listed in the Wizard as 'accounts used for 1099'

    Another way to ask, Where does the Wizard pull this list from?  I find no place to tag an account that are to be considered in the Wizard.  This seems to be the best starting point of control for the production of the 1099.  Select the accounts to be used and remove the accounts that are not used for 1099. Then map the account to the proper box for the 1099.

    I am using Desktop version of QB.  FYI - I do understand for 2020 we now have 1099-NEC

    Billy49

    A
    Anonymous
    October 9, 2018

    Hey @Double Hung,

     

    Have you used the 1099 account in the past to file forms? Are you trying to completely remove the account or no longer make it a subaccount?

     

    In addition to unchecking the "subaccount" box, have you also changed the name so it doesn't repeat the name of the parent account? 

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