How do I correct some 1099 NEC that had incorrect totals and how to file 1099 MISC that were not filed originally when I had QB do e-filing?

It's nice to see you here in the Community, mcsharp7.

I'd like to share some insights about correcting your 1099s in QuickBooks.

It's important to ensure that your 1099s are accurate and up-to-date to avoid any issues with the Internal Revenue Service (IRS). QuickBooks will soon provide the option to make corrections, also known as amendments, to your 1099s. You will be able to correct any errors and e-file the corrected 2023 1099s through the 1099 filings page. The instructions on how to do this will be available in the following article: Correct or change 1099s in QuickBooks.

To fix incorrect amounts on your 1099s, here are the steps you'll need to take. First, ensure that your payments to the contractor meet the threshold. Please keep in mind that only those contractors you paid above the annual $600 cash threshold get a 1099. Then, confirm that you're paying contractors from the right expense accounts because QuickBooks uses the expense accounts you mapped to report 1099 transactions. If your amounts are off, you may want to review the contractor payment transactions and accounts associated with them.

Here's how to do it:

1. On the left navigation panel, click Reports.
2. Enter Transaction List in the search bar, then select Transaction List by Vendor.
3. Click Customize.
4. Set the Report period to Last Year (or Last Calendar Year).
5. Go to the Rows/Columns section. Select the Change columns link then put a checkmark on the Split box.
6. Go to the Filter section.
7. Check the Vendor box, and from the dropdown, choose 1099 vendors who are in question.
8. Hit Run report.
9. Look under the Splits column for what accounts the vendor's transactions were tied to. If you see the word "SPLIT," select the transaction to see details on what accounts were affected. If this is a Bill Payment, access the Bill to see what expense accounts were affected.

For more detailed instructions, you can check out this article: Troubleshoot missing contractors or wrong amounts on 1099s.

For future use, you may access your previous tax payments and forms by following this comprehensive guide: View your previously filed tax forms and payments.

Please don't hesitate to contact me here if you need any help with rectifying 1099s. I am more than happy to offer my assistance. Stay well and take care.