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Setting 1099 Preferences

You are required to issue 1099 forms to certain contractors and vendors. To track 1099 information for the contractors you pay, and to have QuickBooks determine who qualifies for a 1099 form, you must turn on the preferences for 1099s.

Set 1099 Preferences

Select Preferences from the Edit menu.

Click the Tax 1099 icon.

Click the Company Preferences tab.

Click Yes to turn on your access to the QuickBooks 1099 features.

QuickBooks has listed 1099 payment thresholds based on federal regulations. If you want to change any of these amounts, do so in the white columns.

Click OK.


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