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SALE EXTENDED 70% OFF QuickBooks for 3 months* Ends 12/8
Buy nowGP1231 solved my mapping problem (THANK YOU) but the vendor still showed up as "excluded" from 1099s. I'm seeing your message here about Venmo and I realize that's why QBO still won't let me do a 1099 for him, as he was paid by a credit card, and until November 10 of 2022, the IRS was saying that the credit card was going to issue him a 1099-K for his payment. (The infamous "over 600 trap" scenario.) BUT... on November 10, the IRS issued Notice 2023-10 that says they aren't going to require Venmo and Paypal and credit card companies to do that until 2023. And my vendor still can't get a 1099. What do we do now?