I mportant the 1099 wizard does not pick up payments

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I MPORTANT : The 1099 Wizard does not pick up payments made to an income or equity account. Typically, 1099 payments will post to an expense account, but you can also assign them to an asset or liability account. For example, you may pay a contractor to complete some leasehold improvements when Leasehold Improvements is set up as a Fixed Asset account.
Supplemental Guide Lesson 8: Prepare Forms 1099-MISC Module 8: End of Period Activities 51 C OMPLETE C ONTRACTOR I NFORMATION Many of our clients face the challenge of getting their contractors to fill out a Form W-9. The Form W-9 is a Request for Taxpayer Identification Number and Certification. It’s best to train your clients to get a completed Form W-9 from their contractors before they pay them, even if the first payment doesn’t meet the threshold for issuing a 1099. QuickBooks has simplified the process by allowing you to send an email directly from QuickBooks to the contractor asking them to fill in their W-9 information.
Supplemental Guide Lesson 8: Prepare Forms 1099-MISC Module 8: End of Period Activities 52 Step-by-Step: Request W-9 Information 1. Add the contractor either from the Contractor tab in the Workers Center or from the Vendor tab in the Expenses Center. 2. Check the box next to Track payments for 1099 . If you have all the information for the contractor, fill it in now and you’re all set. However, if you save the vendor and you are missing the address or the Business ID No., QuickBooks allows you to send an email requesting that information. 3. Go to the Contractor tab and click on the name of the contractor.
Supplemental Guide Lesson 8: Prepare Forms 1099-MISC Module 8: End of Period Activities 53 4. Because the 1099 information is not complete, you will see Send email to the right of the contractor name. 5. QuickBooks will ask you for the email address (if it is not already in the vendor record). Once it’s filled in, click Send . The vendor will receive an email with this heading (our company name seems to be “default”):
Supplemental Guide Lesson 8: Prepare Forms 1099-MISC Module 8: End of Period Activities 54 The email looks like this: When they click on the link, they will be asked to sign in to their Intuit account. If they don’t have an Intuit account, they need to sign up for one which will create a QuickBooks Self-Employed account. They are not charged for this account. Once they fill in their W-9 information and click Finish , the information is saved then submitted to your QuickBooks Online company file. If they don’t respond to the email, you will have the option to resend the invite if the contractors' personal details aren’t complete.
Supplemental Guide Lesson 8: Prepare Forms 1099-MISC Module 8: End of Period Activities 55 If they need to change their information, such as their address, they can sign in to their Intuit account and update the information.

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