1099 nec.

I can share some info to ensure you can manage your 1099-NEC forms in QuickBooks Desktop (QBDT), @conniedusc.

After creating 1099-MISC, you'll need to repeat the steps for the 1099-NEC form. If you need to file both the 1099-MISC and 1099-NEC you will need to adjust your Chart of Accounts to ensure accounts are set up specifically for each form.

To create a new account to your Chart of Accounts to track the separate payments.

1. Go to Lists, then select Chart of Accounts.
2. From the Account dropdown, choose New to create a new account.
3. Select an account type of Expense, Other Expense or COGS, then select Continue.
4. Enter the Account Name and details such as Description, Note and Tax-line Mapping.
5. Select Save & Close.
6. Repeat this process for each new account to be reported on the 1099-NEC.

Move the payments to the new account:

You can choose to create a journal entry to move amounts to show in the newly created 1099-NEC accounts or you can edit existing payments to the new accounts.

To add a journal entry

1. Go to Company and select Make General Journal Entries.
2. Fill out the fields to create your journal entry. Make sure your debits equal your credits when you’re done.
3. Select Save & Close or Save & New if you have more entries to make.
4. Repeat this process for each payment you need to move.

Edit existing contractor payments

1. Select Vendors and then Vendor Center.
2. Choose the vendor and locate the transactions you need to edit.
3. Double-click to open the transaction to make your edits.
4. After you have made the changes, select Save & Close.
5. Repeat this process for each payment you need to change.

You can now run a 1099 Summary or 1099 Detail report to validate the changes to reflect the correct amounts in each account for both the 1099-NEC and the 1099-MISC.

1. Go to Reports, then select Vendors & Payables.
2. Choose either 1099 Summary or 1099 Detail.
   Note: Reports will default to the Last Calendar Year, so be sure the report is set up for the correct date range next to Dates at the top of the report.
3. You should see the changes you made reflected.

Once these steps are completed, you are ready to begin filing your 1099-MISC and 1099-NEC forms.

I'll be adding this handy article to gain more insights about 1099-NEC forms. It contains common questions on how to handle them properly in QBDT: When and how to file 1099 forms.

Also, you'll want to know how to access and print your other tax forms to save a copy for future use. Please refer to this article for the detailed steps: View and print payroll tax forms.

I'm always here if you have more questions about managing your payroll forms in QBDT. I'd be glad to hear more from you in the comment section. Take care and enjoy the rest of the day.