1099 Archives - Print & Promo Marketing

How to Designate a Vendor as a 1099 Vendor in QuickBooks

April 14, 2023May 8, 2024 Harriet Gatter

Ask the Accountant… Question: When I try to designate a vendor as a 1099 vendor, it is greyed out. How do I change that? Answer: There has been a recent change to Preferences in QB Premier regarding 1099 status of vendors. Now, you must turn on the 1099 option in “Preferences” > “Tax: 1099” (toward…

Where Can I Find Record of Vendors and Their Yearly Costs?

May 7, 2021May 8, 2024 Harriet Gatter

Ask the Accountant… Question: I have to produce 1099’s for some of my vendors. How do I get a record of these vendors and their costs for the year? Answer: When you set up a vendor in QB Premier, go to: Vendor > Vendor Center > New Vendor > Enter contact information. Under “Tax Settings,”…