Taxes
Yes, Carroll, you're correct that the year-end 1099 will now cost $4 per form/employee to print and mail to vendors, contractors, and employees. Let me provide insights on confirming the successful delivery of the emailed forms below.
To verify the e-filed form was successfully emailed, you can check its status under the Filing Status section. Here's how you can review your filing status:
- Go to Taxes, then 1099 filings.
- View the status of the e-filing under Filing status.
- Select View 1099 to view a PDF copy.
For mailed copies, you can reach out to your vendor or contractor to confirm successful delivery, as all 1099 forms should be postmarked by January 31 to the address listed in the contractor's profile. If the contractor doesn't receive their 1099 form within 7 days after January 31, you'll need to print the recipient copies directly from their account.
You can check this article to help you guide the necessary steps before filing the 1099-MISC and 1099-NEC forms. This resource will help ensure compliance and accuracy in your reporting process: Modify your chart of accounts for your 1099-MISC and 1099-NEC.
I'll also add this article that provides a comprehensive guide on correcting and resubmitting 1099-NEC or 1099-MISC forms that have been rejected by the IRS. It outlines the steps and best practices to ensure compliance and successful processing: Fix rejected 1099 forms.
Furthermore, have you explored our QuickBooks Live Expert Assisted team yet? They excel at making transaction sorting and financial management more efficient. It might be worthwhile to check out their services, as they could revolutionize your accounting workflow!
If you need more information on managing your contractors and handling 1099 forms in QuickBooks. Just utilize the comment section and I'll make sure to respond right away.
