If my Co paid a lawyer(not legal fees) and they deposited and paid another company (an LLC). What is everyone's 1099 responsibility?

Hi there, @plkconsulting. Let me share some insights about 1099s in QuickBooks Online (QBO).

Based on your information, it sounds like your company may not have a 1099 responsibility in this situation. The responsibility to issue 1099 forms typically falls on the payer when certain conditions are met. In the case of payments to lawyers, the IRS generally requires businesses to issue 1099 forms for legal fees exceeding $600 in a calendar year. Refer to this article for more information: Get answers to your 1099 questions.

Since the payment made by your company to the lawyer was not for legal fees, it may not trigger a 1099 requirement for your company.

Moreover, to know what category or box this will be mapped in QuickBooks, it's always a good idea to consult with a tax professional or accountant for specific guidance on 1099 reporting to ensure compliance with IRS regulations and requirements.

For more information on preparing and filing your 1099s with QuickBooks, please feel free to browse through the articles below:

• Create and file 1099s with QuickBooks Online
• Correct or change 1099s in QuickBooks

If you have any other questions about 1099, never hesitate to utilize the Reply button. I'll be around to make sure you're all set.