I am preparing a 1099 for one contractor whom rent was paid. A rental check payment from 2022 was cashed in 1/2023. How can this be adjusted to not be included?

Hello there, @memorylanefarm86.

I'd like to help you exclude the 2022 payment from your 1099 filings for 2023. 

To start with, it would be helpful to know which accounting method you use. If you use the cash basis method, you'll need to record your expense when payment is received, which should be included in 2023's 1099 calculations. However, if you use the accrual basis method, you'll need to record your expense with the check date, which is 2022. This means it should be included in 2022's 1099 calculations, regardless of when the check was cashed.

If you wish to exclude the 2022 payment from your 1099s for 2023, you can simply change the recording date on QuickBooks. However, I recommend consulting an accountant to ensure you file your forms correctly. You can use our accountant tool to locate a nearby professional if you still need an accountant. An accountant can help you avoid errors, penalties, or issues with the IRS.

For more information on filing your 1099s with QuickBooks, you can check out this article: Create and file 1099s with QuickBooks Online.
 

If you ever need to make corrections to your forms after you e-filed them, here's a guide on how: Correct or change 1099s in QuickBooks.

Should you require additional information or have further questions about filing your 1099s in QuickBooks, please don't hesitate to utilize the reply button. I'm here to support you and address any concerns you may have.