Vendor not showing up on 1099 report even though they are over threshold

Greetings, @theproblemsolver.

I'm back to check if you were able to include all your vendors in generating the 1099 report using the steps I shared. If you need more clarification on this, just leave a comment below. I'll be sure to get back to you.

Have a great day ahead!

I'm happy to help you figure this out, ABC_BRITT.

Your 1099 shouldn't be affected as long as the tracking is correct. Let's find those missing 1099 payments and put them back in the 1099 Transaction report.

The first thing you need to do is check if payments to these vendors meet the threshold. Only those contractors you paid above the annual $600 cash threshold get a 1099. 

You can see which contractors didn’t meet the threshold with these steps and the 1099 reports. 

1. Go to Reports, then select Vendors & Payables.
2. Select 1099 Summary.
3. In the 1099 Options dropdown menu, select Ignore thresholds.
4. If you see the vendor, they have not met the threshold.

If this is a 1099 Vendor using 1099 Accounts, you need to enter more transactions or change the thresholds. Please follow the steps I've outlined below.

1. Go to Edit, then click Preferences.
2. On the Preferences window, select Tax:1099 from the left pane, then go to the Company Preferences tab.
3. Hit the you can do it here link to map your accounts to boxes on form 1099-MISC.
4. QuickBooks 1099 wizard page will come up.
5. From the Map Accounts step, select Show IRS 1099-MISC filing thresholds link.
   
6. In the 1099-MISC IRS Thresholds window, double-click the Thresholds column for the appropriate 1099 Box.
   
7. The screen will display: Your settings do not match the current IRS thresholds message in red. Hit Reset to IRS Thresholds if you want to follow the IRS-mandated threshold and add more transactions instead.
8. Click Save & Close.

If contractors are still missing or amounts are wrong when preparing 1099s, you can use this article: Fix missing contractors or wrong amounts on 1099s.

If you're ready to file your 1099s, check out these articles as guidance for submitting tax returns.

• Prepare and file your 1099s
• Get answers to your 1099 questions.

You can always post here in QuickBooks Community if you have other concerns or inquiries about 1099s. I'm always here to make sure that everything is taken care of. May you have a wonderful day ahead!

When creating 1099s, QuickBooks uses the expense accounts you mapped to report 1099 transactions, Steve. I can help you get the missing vendor and transactions in your 1099 Transaction Detail Report.

To begin, please ensure the expense account used to pay your vendors is selected as a 1099 account when you prepare 1099s. Incorrect account mapping could result in missing vendor and vendor transactions in your 1099 report. Here's how you can go about choosing accounts for 1099 tracking and reports:

1. Select the Expenses tab, then the Vendors section.
2. Click on the Prepare 1099's option.
3. In Step 2 - Accounts, check the option for whichever type of 1099 you have.
4. In the drop-down menu, check off each Ledger Account that holds transactions for your 1099 vendors.

Once you have worked through adding that to the vendor, you can cancel or exit the 1099 wizard, and your report will populate. You can then reopen the 1099 Transaction Detail Report.

Finally, you can customize and save the report modifications to save time on future management.

With these adjustments, you can fully utilize the report and review all your 1099 vendor transactions. Should you require additional support, please let us know in the comments. Our team is readily available to assist you whenever necessary.