This section is only for 1099-MISC forms. If you do not use these forms, you do not need to use
the Tax 1099 section, unless you need to turn the fields off. Here are the options that you can change in this section.
Q: Does QuickBooks provide a template for printing 1099-INT forms? I currently use QuickBooks for real estate and property management. I was able to find the 1099-MISC form but not the 1099-INT form.
A: QuickBooks will not let you print 1099-INT. Please consult an Accountant for the latest accounting Continue reading
You need to submit a 1099 form if you pay $600 or more to a vendor. Check the IRS website for more details.
The 1099 Summary report summarizes the cash outflows to vendors who are eligible for the 1099. The 1099 Detail report lists all transactions linked to 1099 accounts. Continue reading
Q: We run a commercial property management company and have to issue 1099 to property owners. Do we include CAM charges, real estate taxes with rent?
A: Property Management’s responsibility is to issue 1099 to the property owner at the end of the year for rent. Do not include CAM Continue reading
Q: I set up agents as employees, but they probably should be sales reps. How do I handle it now that they need 1099-MISC forms? Should I change them to vendors? Will their earnings still show for 1099 forms? Help, please!
A: QuickBooks will print 1099 only for vendors, Continue reading
Q: Do I include utilities I pay to my landlord in the 1099MISC as rent paid or nonemployee comp or do I not include? Utilities paid with a separate check payable to landlord.
A: I do not think so, but ask your accountant. Check the IRS website for more details. File your Continue reading