Account management
Hi there, Hyacinth,
I know how confusing it is to get tangled up with different resolutions in fixing your 1099 concern. Rest assured that I'm here to provide you with clarification and share a few pieces of information about changing the account in mapping 1099s in QuickBooks Online (QBO).
I understand that you want to use box 1 in filing your 1099-NEC, and I'm here to guide you on how.
First off, let's make sure that your vendors/contractors are tracked to the correct expense account, and ensure that the Track payments for 1099 option box is ticked on their profile.
Once done, let's then proceed to the Payroll tab to choose the correct box and expense account. Let me guide you on how:
1. On your QBO account, go to the Payroll tab and select Contractors.
2. Select Prepare 1099s.
3. Click on Continue your 1099s.
4. In the Accounts section, tick the Non-employee compensation (most common). (Tip: If you have proceeded to the other steps, you have the option to click the Back button to choose the correct box and change the account.)
Once you have selected the correct box and account, you can then proceed to the other steps.
Moreover, I'll also include these articles that can serve as your reference if you want to learn what 1099 forms there are and how you can prepare for the upcoming tax season:
Should you require further assistance with filing your 1099s in QBO, feel free to leave a reply. The Community team always has your back. Keep safe.
