Hi there, Dcmef.
I appreciate you for coming back to the thread to add further details about your concern. Also, this isn't the kind of impression that I'd like you to have, and we know how much time it can take when something isn’t available or no updates about forms in QuickBooks Desktop. With this, I'll ensure to share additional details about 940 and how 1099 works in a new tax year.
As of now, Form 940 is not yet available in QBDT. We're unable to provide an exact time frame as to when this form will be available in QBDT. However, this will usually be available within the first week of January 2022. We'll keep you updated with its availability through email or in-app notifications. Just ensure that your QBDT is on the latest release with an updated tax table so the form will flow in your account.
On the other hand, Intuit offers 1099 Forms (two per sheet) with a size of 8 1/2" x 11" and compatible double-window envelopes of 5 5/8" x 8 3/4" for the new tax year 2021. However, with the new tax year 2021, form 1099-NEC was resized, and the height of the form was reduced to accommodate three forms on a page. That said, QuickBooks can print 1099's three to a page instead of two to a page.
For further details on how printing 1099's works in QuickBooks, you can click each article below.
Additionally, before year-end, QuickBooks update the form to be compliant with IRS. Thus, I recommend checking our Product Updates page for reference to be notified of any news and updates about QuickBooks Desktop (QBDT).
You may refer to this article to view other related information about 1099 so you'll be updated with this form: Get answers to your 1099 questions.
If you have other questions about 1099 or 940, hit the Reply button below and I’ll be happy to help. Have a great day.
