How to Prepare 1099-MISCs for Independent Contractors in QuickBooks Online (Plus)?
This is a guide for how to create, prepare, file and send 1099-MISCs in QuickBooks Online.
As you wind down this year and gear up for the next, it’s time once again to prepare 1099-MISCs for your independent contractors to report their “non-employee” compensation. Check the IRS website for the latest deadlines.
Of course, it’s always a smart idea to keep organized records throughout the year.
But if you’re just now pulling everything together in time for this year’s deadline,
at a minimum, make sure you have the accurate financial and contact information (legal name, organization, address, Tax ID) on file for each contractor.
The good news is, as long as your vendor expense-tracking is set up properly, your QuickBooks is 1099-ready this year and in the years to come.
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