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Double Hung
October 8, 2018
Question

Removing 1099 preference from accounts

  • October 8, 2018
  • 21 replies
  • 123 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 21, 2021

    Hi there, Billy.

     

    I can share with you some information about the QuickBooks 1099 Wizard.

     

    The accounts used for 1099 are coming from your Chart of Accounts. When preparing your Federal 1099, you can either omit some accounts or apply them to the desired boxes.

     

    For more tips about preparing and filing 1099s in QuickBooks Desktop, I recommend checking out these links:

     

    Moreover, here's an article you can read more about preparing your year-end forms and taxes: Year-end checklist for QuickBooks Desktop Payroll.

     

    If you need additional help with 1099 and other QuickBooks forms, please let me know by adding a comment below. I'm always here to help. Have a good one!


    Thanks.  You have confirmed my thoughts that the list starts with the Chart of Accounts by DESIGN and not be my input.  Nor I have found no way to Delete or Add, that is do my own selection THEN point to the box on the 1099.

    Thanks again for your response.

    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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