How do you split one payee into multiple payees so you can issue 1099s to each one?

I appreciate you for getting back on this thread, blackwall. I'm here to ensure you can file your 1099s.

You can still create and submit the forms in QuickBooks Online (QBO). Beforehand, it is important to ensure that the appropriate transactions are linked to the correct payees to prevent discrepancies.

To do this, we can manually split each transaction. Since there is only one Payee field in the Split Transaction screen, we can use a clearing account as a workaround to handle the transaction.

If you haven't created the account, please follow these steps:

1. Go to the Gear icon and select Chart of accounts.
   
   
2. Click New.
3. From the Account Type dropdown menu, choose Bank. You may choose any detail type you want for your clearing account.
4. Enter Clearing Account, Barter Account, or Wash Account as the Account Name.
5. Once done, hit Save and Close.
   

    

Once done, create expense transactions for the different payees and use the Clearing Account as your Payment Account. Then, add another transaction. Leave the Payee field blank and enter your business bank in the Payment Account field. On the Category details, select the Clearing Account and enter the total amount for the two expenses you recorded.

For the 1099s, let's ensure that the Track payments for 1099 box are checked in all the vendors' profiles. Following this, perform the step-by-step instructions for preparing and filing the forms: Create and File 1099s with QuickBooks Online.

You can check out this visual reference to ensure the box is ticked.

Please don't hesitate to drop me a reply below if you have additional concerns or inquiries regarding 1099 payments or filing. I'm always ready to help you.