This year we had to merge two vendors who were purchased by the same company (same EIN now). 1099s are excluding all the amount from the merged company. What to do?

Thank you for informing the Community about your 1099 issue, useroffice17. Let me help and provide clarification on why the amounts are excluded from the merged company.

Payments made to 1099 vendors using the following methods are not included in the 1099-MISC and 1099-NEC calculations: Credit card, debit card, or third-party system such as PayPal. This is because your Financial Institution (FI) records these payments. Check out this guide for more details: Understand which payments are excluded from a 1099-NEC and 1099-MISC. It contains directions on how to locate the payment information as well as a report that you can use to rectify the issue.

In case you need help adding a contractor or changing an amount when you create your 1099s, you can follow the troubleshooting steps outlined in this reference: Fix missing contractors or wrong amounts. 

I'm including some resources that answer frequently asked questions concerning 1099 forms, as well as instructions on how to process and file them:

• File your state 1099 forms
• Create and file 1099s with QuickBooks Online
• Get answers to your 1099 questions

Reach out to me again if you still have additional questions about the tax form or have other QuickBooks concerns. I'm always ready to respond to them, useroffice17.