Question

1099 nec and 1099 misc,

Forum|Forum|4 years ago
January 26, 2022
3 replies
5 views

On the map vendor payment accounts page, how can I change Misc Box3: other income, to nec box 1 non employee compensation. I just need to delete the mapping and start over. I selected the wrong box when mapping.

Thanks

QuickBooks Desktop

C

CharleneMaeF

QuickBooks Team

I know it can be challenging when you accidentally select the wrong box when mapping your 1099 accounts, 393-west. I'm here to assist you with that.

To change the mapping from MISC to NEC in QuickBooks Desktop, I'd suggest following these steps:

Go to the Edit menu and then select Preferences.
Choose Tax:1099 on the left panel, then click Company Preferences.
Mapped all accounts to 1099-MISC (clicked on "you can do it here" next to 1099-MISC).
On the Map Vendor payment account screen (when you run the 1099 option), change all to Omit these payments from 1099.
Close the screen, go back in, and then change to NEC: Box 1 NE Compensation.

To ensure your accounts are correctly mapped, I'd recommend checking out this article: Understand Payment Categories for the 1099-MISC and 1099-NEC.

Additionally, I've included an article that'll help you learn more about preparing and filing the 1099-NEC form. This ensures everything is accurate for the tax season: Get Answers to your 1099 Questions.

I'm only a few posts away if you need assistance in mapping your accounts, 393-west. It's always my pleasure to help you out again.

3

393-westAuthor

Thank you, However I have tried what you suggested. Here is what I am looking at! I can not change in the Apply payments to this 1099 box. If I print the 1099 like they are, will the wizard reset and then I can change them?

Thanks

JoesemM

QuickBooks Team

Your suggestions will work with the correct mapping of 1099, @393-west.

Yes, once you print the 1099 forms the wizard will reset to square one.

That means you can set up again the wizard and make sure to select the correct box when mapping your 1099 accounts. To learn more about the details of each box, you can read out this article: Understand Payment Categories for the 1099-MISC and 1099-NEC.

Once done, you can now create the form again and start the mapping. For complete steps, click this article: QuickBooks 1099 Wizard. In case you want to print the 1099 form, visit this article for steps: Print your 1099 forms.

Also, it would be best to make sure that you download the latest tax table and update your QuickBooks Desktop to its latest release. This is a good start when it comes to fixing 1099-related issues in QuickBooks.

For more tips about preparing and filing 1099s in QuickBooks Desktop, I also suggest opening these links:

If you have any more questions, please don't hesitate to reply to this post. We're all happy to help in any way we can. Keep safe and stay healthy, @393-west.

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