How exactly to Prepare & E-File Tax Form 1099 for Vendors in QuickBooks

A user can file Form 1099-MISC using QuickBooks Desktop. QuickBooks 1099 Form Setup is an information tax form which can be filed with IRS and is used to report payments and compensation given to non-employees, that is, to independent contractors or vendors.

This short article gives the detailed process to e-file 1099 tax forms and exactly how to prepare them as well.

Users can also turn to seeking assistance from QuickBooks support. This is also an excellent option as well as your issues are effectively handled by QuickBooks online technical help.

How exactly to prepare 1099-MISC Tax Form in QuickBooks Desktop?
The first step is to turn on the 1099-MISC feature in your QuickBooks Desktop. To get this done follow the steps down the page.
GO TO Edit Menu > Select Preferences.
Select Tax-1099 on the left.
Click on Company Preferences Tab.
Select Yes, when an email prompts asking you that ‘Do you file 1099- MISC Forms?’
Select OK to save preference.
Next move would be to add an innovative new vendor.
Choose vendors > Click on Vendor Centre > Click on New Vendor drop-down
Select from the New Vendor through the drop-down.
Within the Vendor Name Field, enter the name associated with vendor which may can be found in the list.
Fill out the mandatory information. Click OK.
In QuickBooks Desktop, set up vendors/independent contractors to get form 1099-MISC.
Select Vendors > Click on Vendor Centre.
Do right click on vendor’s name and choose Edit Vendor.
Select the Address Info tab and validate data.
Click on Tax settings button.
Tick-mark the Vendor eligible for 1099.
Enter tax Id Number in Vendor’s Tax ID Field. Select OK.
Repeat steps for each and every eligible vendor.
The user has to put up a cost take into account payments to Vendors.
Select Edit > Click on preferences.
Select Tax-1099 through the left.
Click on Company Preferences Tab.
Select Yes, when an email prompts asking you that ‘Do you file 1099- MISC Forms?’ Select OK to save preference.
Go through the Click Here link, when an email prompts asking that ‘If you intend to map your account to boxes on Form 1099-MISC, Click here.
QuickBooks 1099 wizard gets open.
The QuickBooks desktop account to track payments to a user’s 1099 vendors will likely to be listed. When you look at the apply payments to the 1099 box column, choose the correct 1099-MISC box.
Select on the 1099-MISC box for each listed account or select omit these payments from 1099.
Select save and close if the accounts have been mapped.
How to setup Tax1099 E-Filing service?
The below-listed steps should be undertaken by new users so that you can set up E-Filing Service.

Complete the setup of QuickBooks desktop 1099 wizard.
A user has to create a Tax1099 account.
A user needs to download the Tax1099 plugin.

Now, a user needs to install the Tax1099 plugin.

How exactly to E-File 1099-MISC Tax form?

E-File 1099-MISC Tax form
When you've got installed the plugin, you will end up now in a position to upload your 1099 information from QuickBooks desktop to Tax1099.com. Below are the steps to begin uploading.
Select Tax1099.com E-File from the Vendors menu.
Click on upload 1099 data.
A user needs to enter Tax1099.com login information. Select the payment year you want to export. Choose the login button.
E-File 1099-MISC Tax form
Through the export process, a dialogue box is shown which displays the present export status. Following the upload has completed, the window closes automatically. If it closes, click the x button manually.
A person has to review and update the seller information in Tax1099.com dashboard.
A person needs to choose the means for distributing copies to your vendor.
Click on calculate Fee to look at Total Filing Fee. Once all billing information has been entered, Click on pay and submit to E-File.

If the problem persists and a person is not able to solve the matter, contact Quickbooks Desktop Support Number for immediate assistance.