This way, we can implement this in QuickBooks the soonest time possible. I can share a couple of information about the said forms, compliance team is still working closely with the IRS for proper guidance regarding the 1099-NEC and 1099-MISC forms. Please let me know if you have other concerns. It contains the complete set of instructions and the latest information about the form. I'm also adding this IRS article for further details about 1099-NEC: Instructions for Forms 1099-MISC and 1099-NEC.
#1099 wizard in quickbooks 2020 how to
It includes topics about 1099-NEC, 1099-MISC, and steps on how to e-file your 1099's to name a few. To learn more about the 1099 form and how you can prepare for the 2020 tax season, kindly check out this article: What is a 1099 and do I need to file one?. Rest assured that will keep you up to date via email or in-product notifications with its availability. Our product engineers are making sure that QuickBooks is compliant with all the IRS regulations when it comes to filing the tax forms. I can see the importance of updating the Form 1099-NEC in QuickBooks Desktop (QBDT), That's why I'm here to share details on how the system handles it to make sure your account is up to date.Ĭurrently, we don't have the specific time-frame as to when will be the completion of the updated Form 1099-NEC in QBDT.
0 kommentar(er)
