QuickBooks Online 1099 Forms: A Complete
Guide
As a business person, you might be familiar with the regulation that the Internal
Revenue Service (IRS) requires businesses to file a Form 1099-NEC for any nonemployee that withheld any federal income tax under the backup
withholding rules or received 600$ or more in cash during the previous year. It is
seen that many users face a lot of issues while creating and filing 1099 forms in
QuickBooks Online. Therefore, we have come up with this post through which
we will explain everything that you need to know about the QuickBooks
Online 1099 form.
Looking for expert assistance to create and submit a QuickBooks Online
1099 form? If yes, don’t hesitate to reach our QuickBooks professionals by
dialing 1.855.738.2784 and get assistance immediately.
Steps to create 1099 forms in QuickBooks
Online
1. At first, sign in to QuickBooks Online.
2. Select the Payroll menu and choose the Contractors option from the dropdown menu.
3. Click on the Prepare 1099s option (located at the upper-right corner of the
screen).
4. Select the Let’s get started option.
5. Now, you need to ensure that all your information, such as the company name,
address, and tax ID, is correct and matches the information mentioned on the
letters from the IRS.
6. Choose the boxes that denote the types of payments you made to all
contractors in the current year, and then hit the Next button.
7. Make sure that all of your contractors are mentioned there, and their personal
information and email addresses are correct.
Note: If you notice that some contractors are missing, then select the Add from
Vendor list option, choose them from the QuickBooks vendor list, and then hit
the Next button.
8. Now, you need to review the total of the payments for each box you selected
above to avoid any mistakes, and then hit the Next button.
Steps to E-file your 1099s from QuickBooks
Online
1. After creating 1099s, you need to click on the E-File for me option.
2. Hit the Continue button.
3. Select the 1099 forms that you want to submit to the IRS, and then click on
the Continue button.
4. Type in the payment information and then click on the Approve button.
5. Now, you need to review the number of 1099 forms and the total amount.
6. Hit the Continue button.
7. To send copies of 1099 forms to your contractors, follow the on-screen
instructions.
8. Thereafter, click on the Continue button.
9. Select the Submit 1099 Forms option and then hit the Continue button.
10. At last, choose the Submit final forms option to submit 1099 forms to the IRS.
Conclusion
We hope that you find this post valuable and worth reading. You might face
some errors while creating or submitting the QuickBooks Online 1099 form.
However, there is no need to worry as the solution is just a call away
at 1.855.738.2784. Our QuickBooks professionals have years of experience and
will assist you at every step.