Procedure to create and file 1099s in QuickBooks Desktop

QuickBooks Desktop software has brought a big respite in the sphere of filing payroll taxes as you can file your taxes without any hassle through this software. Users can now conveniently create and file 1099s in QuickBooks Desktop, which are necessitated while paying in cash, direct deposits, or check. These comprise 1099-NEC and 1099-MISC. After filing, you can mail the copies to your contractors. This article will brief you on the procedure to create and file 1099s. So, make sure that you navigate through this article till the end.

Let us check out the step-by-step procedure to create and file 1099s with QuickBooks Desktop. Perform the below-mentioned steps in the same order in which they have been listed.

Step 1: Provide the contents of the report and the time

Step 2: Set the 1099 account

Step 3: Updating QuickBooks is the next step

Step 4: Creating 1099s in QuickBooks Desktop

Step 5: Transferring data into 1099

Step 6: Steps for e- filing your 1099 tax forms

Step 7: Verify 2099s filing status