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February 18, 2024
Question

How to file 1099-INT (Interest Income paid to an individual) with QBO?

  • February 18, 2024
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1 reply

February 18, 2024

Greetings! @bob-spaulding-hc. We're glad to have you here on the Community page. I can share with you some insights about filing 1099-INT.

 

 QuickBooks Online only supports printing 1099-MISC, 1099-NEC, and 1096. At this time, I recommend checking out this article to learn more about filing Tax Form 1099-INT: Filing Tax Form 1099-INT: Interest Income.

 

Also, the 1099-MISC & 1099-INT line up perfectly if you only have to report interest. You can map the interest to Royalties. For 1096, you can put a piece of tape over the 1099-MISC box and then remove it after printing. Aside from that, make sure to put an X in the 1099-INT box.

 

I'd recommend reading this article if you'd like to know more about the 1099 E-file services: 

 

 

Have you run payroll and want to check the current liabilities and other payroll data? There are a bunch of reports you can run in QuickBooks. Check out this article for a guide: Run payroll reports.

 

I'm also adding this page if you need guidance for tax filling the next fiscal year, check out this article: Year-end guide for QuickBooks Online.

 

Let me know if you have any other concerns or questions about your 1099 Filing in QuickBooks Online. I'm more than happy to help. Have a good one!