I understand the need to accurately file and print 1099s with the correct format, macp and janedoe11. Let me share additional insights to clear things up for you.
As mentioned by my colleague, GebelAlainaM above, an Employer ID Number (EIN) should be entered in your company profile since QuickBooks only has EIN format on 1099s.
As the IRS assigns EINs to business entities, these are used to track payroll tax liabilities and payments. Thus, a Social Security Number (SSN) is required for employees and contractors only.
With this, you may consider updating your EIN information in your account. To do this:
- Go to Settings, then Account and Settings.
- Select Company, then Edit icon in the Company name section.
- From the EIN section, select and enter the EIN.
- Also, If you can’t edit the Company name, Legal name, or EIN, or you see Error -7000, edit your company info in your payments and payroll accounts first.
- Once done, click Save and Done.
In addition to that, if you want to apply for an EIN and learn more about the requirements, you can visit the IRS website.
Moreover, you may utilize this guide to learn more about 1099s: Get answers to your 1099 questions.
I'll always be available in this forum if there's anything else you need further assistance with when managing 1099s in your file. Let me know in the comments below and I'll make sure to provide additional help. Keep safe and have a great day ahead!
