Thanks for the quick reply, @AccountableAZ.

I'll ensure the two contractor pieces of information will print in the 1099 Nec In QuickBooks Online. 

You can add both Joe Smith and ABC Lumber in the Business name section. That way, both information will print in the 1099 NEC. 

See the sample screenshot below for your reference: 

Please note that there are many changes to the 1099 forms and boxes in 2021 for the tax year 2020, so make sure to choose the exact listing. For more details, check out this article: Understanding payment categories for the 1099-MISC and 1099-NEC.

I've attached articles on how to check the exclude payments, modify the chart of accounts for 1099 filing, and other topics. 

• What payments are excluded from a 1099-NEC and 1099-MISC?
• How to modify your chart of accounts for your 1099-MISC and 1099-NEC filing
• Troubleshoot common 1099 issues

Don't hesitate to leave a comment if you have an additional question. I'm glad to help. Keep safe!