We can review the mapping when preparing your 1099s in QuickBooks Online (QBO). This can be the reason why you get the message saying no 1099 vendors have sufficient payments.
Please follow these steps:
Go to Expenses and choose Vendors.
Click on Prepare 1099s. Then, hit Let's get started.
Review the information in the Company section and click on Next.
In the Account section, is where you will have to categorize accounts. On the categories page, select the checkbox next to all the 1099 boxes that fit the type of contractor payments you make. Review the payment totals for each box. If you don’t see all of the payments you expect, check that the list shows the right tax year and type of vendor (they should meet the 1099 threshold). Excluded payments are typically those paid by credit card, which is reported to the IRS by the credit card issuer. Once you're done, click on Next.
In the Vendors section, review the contractors' information and click on Next.
Click on Finish preparing 1099s.
Click on Go to 1099 E-File Service to e-file your 1099s.
I'm sharing these articles in case you need a reference while working with 1099's in QBO:
To make sure everything is accurate, I recommend working with your accountant or any knowledgeable financial specialist for expert advice on how to handle this type of situation. You can also find an accountant by clicking on this link: Find an accountant.
Thank you so much for your reply. We use the desktop version. It's just my husband and I, he is self employed. We only have 2 vendors that need 1099's. I made sure that the tax settings box was checked for them to be eligible to receive 1099s. I notice the additional setting button has something about a 1099 contractor or subcontractor ect. We have left that blank. Do we need to select the 1099 contractor? We put the payments to these vendors under a subcontractor category in the register.
Sorry, its like reading another language to read some of your reply. I am not understanding. I've read the articles, looked on youtube for videos. Still getting the same message.