1099 Summary Report

Harley65 · ‎January 15, 2025

Hello,

I have produced my 1099 Summary Report for 2024 and I noticed that some of the vender amounts are listed as uncategorized while other vender amounts are listed as "NEC Box 1 Nonemployee Compensation". Is there a reason for the differences? I do not see any differences in the way all the venders are set up. At first I though is was EIN vs SSN but that does not appear to be the case.

Any clarification would be very much appreciated.

FishingForAnswers · ‎January 15, 2025

@Harley65 When you go into the 1099 setup in Desktop, there will be a screen that will allow you to associate particular expense types with particular 1099 boxes.

That is the screen you need to go to in order to correct this.

Specifically, you can find it under the Vendor menu, 1099 Forms, Print/E-file 1099 forms.

Harley65 · ‎January 17, 2025

Thank you very much I was able to locate the information while preparing my 1099 NEC. This question can be considered closed.

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