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If you pay contractors, consultants or freelancers $600 or added for casework performed for your business in any budgetary year, you are adapted to book a Anatomy 1099-MISC with the Internal Revenue Service. You charge additionally book a Anatomy 1096 to announce the bulk paid to anniversary architect on the 1099-MISC. QuickBooks makes ambience up and press IRS Anatomy 1099 accessible to do. Collecting a W-9 anatomy from anniversary bell-ringer back you initially arrangement for casework can advice abridge the abstracts access action in QuickBooks by accouterment all the capital advice in a distinct document.

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Add a 1099 Bell-ringer

Open QuickBooks on your computer.

Click on “Vendors” from the My Shortcut toolbar to accompany up the Bell-ringer Advice window, or bang “Vendors” and again bang “Vendor Center.”

Click the “New Vendor” drop-down agenda and baddest “Add New Vendor” or “Add Multiple Vendors” to access added than one 1099 architect at a time.

Enter the name of the bell-ringer in the “Vendor Name” box. Choose a name that best apparel how you appetite this bell-ringer to be displayed in your bell-ringer list.

Enter the vendor’s acknowledged aboriginal and aftermost name or aggregation name, abode and acquaintance advice in the “Address Info” tab as provided on the contractor’s completed Anatomy W-9.

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Click on the “Tax Settings” tab and access the contractor’s tax identification cardinal or Social Security cardinal if the bell-ringer is a sole proprietor. Analysis “Vendor acceptable for 1099.” Verify the tax identification cardinal on the awning adjoin that provided on the W-9.

Click on the “Additional Info” tab and baddest a bell-ringer blazon from the drop-down menu.

Complete the “Payment Settings” and “Account Settings” tabs to authorize how you ambition to pay the architect and to allocate the amount types.

Click “OK” to complete your changes.

Set Up an Established Bell-ringer As a 1099 Payee

Open QuickBooks on your computer.

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Click on “Vendors” from the My Shortcut toolbar to accompany up the Bell-ringer Advice window, or go to “Vendors” and baddest “Vendor Center.”

Double-click the name of the bell-ringer on the bell-ringer account and go to the “Tax Settings” tab.

Enter the vendor’s tax identification cardinal or Social Security cardinal if it is bare and ysis the box “Vendor acceptable for 1099.” Bang “OK” to save your changes.

Print a 1099 Bell-ringer

Open QuickBooks. Launch the QuickBooks 1099 astrologer from the Book agenda by beat “Print Forms” and “1099s/1096.”

Check the “Create Anatomy 1099-MISC” box for anniversary 1099 vendor. Bang “Continue.”

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Review the advice for anniversary bell-ringer displayed on the screen. Double-click the adapted boxes to access missing abstracts or actual erroneous entries, again bang “Continue.”

Review the accounts and acquittal advice for anniversary bell-ringer in the “Map bell-ringer acquittal accounts” chat and ysis “Report all payments in Box 7.”

Click “View Included Payments” or “View Excluded Payments” to verify that the amounts you paid by check, acclaim card, debit card, allowance agenda or PayPal are entered correctly. Bang “Continue.”

Review the 1099-MISC entries for anniversary bell-ringer in the “Confirm your 1099 entries” awning and bang “Continue.”

Click “Print 1099s.” Bang “Save and Close” back finished.

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