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January 21, 2020
Question

How do I generate 1099 form for a vendor who did less than $600 in 2019?

  • January 21, 2020
  • 2 replies
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Original commenter did not share additional details

2 replies

BigRedConsulting
January 21, 2020

Why would you do that?

IamjuViel
January 21, 2020

It's great to have you here, @silvana2.

 

You can generate 1099 form for vendors or independent contractors you pay $600 or more in a year. For more detailed information on payments to report on Form 1099, you can read through this article: Form 1099-MISC FAQ.

 

You can still generate 1099 forms for your vendors and contractors who were paid less than $600. Here's how:

  1. Go to the Workers menu.
  2. Choose the Contractors tab.
  3. Click the Prepare 1099s button.
  4. Go to Step number 4 by clicking Next.
  5. Once there, go to the Type of contractors drop-down arrow.
  6. Click 1099 contractors below the threshold.
  7. Select Apply.
  8. Click Finish preparing 1099s.

To learn more about preparing 1099-MISC forms in QuickBooks, you can check these articles: 

Let me know if you have other questions about preparing your year-end tax forms. I'm just a few posts away.

BigRedConsulting
January 21, 2020

@IamjuViel 

RE: You can generate 1099 form for vendors or independent contractors you pay $600 or more in a year.

 

Yes, most everyone knows this, but that wasn't the question.

January 10, 2024

Is there an update for this for 2023? The steps listed above seem to have changed and I am not seeing the option to pay vendors who earned less than $600 in 2023. Any ideas where this might be now?

 

January 10, 2024

Thanks for your time posting in the Community, @CYBS.

 

I've got some information you need about how 1099 currently works in QuickBooks Online.

 

There's a specific threshold that needs to be met so you can perform the process to ensure you can avoid an error. That said, filing 1099 under the threshold is currently unavailable in QBO. Thus, the steps provided by my colleague above have been changed.

 

Moreover, you can check out this article to learn how you can run specific reports to verify which contractors qualify for 1099: Understand which contractors need 1099s.

 

Also, this helpful resource can give you more details as to when you're required to file 1099: Get answers to your 1099 questions.

 

I'm more than willing to help if you have any other concerns with your 1099s or payroll-related tasks. I'll ensure your needs are taken care of.