About the 1099 report

Run the 1099 report before you print or file 1099 forms. You can verify that suppliers and employees are set up with the correct 1099 form and box. And, you can review taxable amounts to make sure that they’re correct.

As a best practice, run the 1099 report for either suppliers or employees; do not run it for both at the same time. Only suppliers and employees that are set up for 1099 treatment appear in the 1099 report.

After you run the report, you might find you need to update 1099 information for a supplier or employee. After you make corrections, run the report again to verify that the information is now correct. Then, you can print or electronically file forms.

Amounts under the minimum reporting thresholds as defined by the IRS do not appear in the 1099 report.

For example, you have $200 for a supplier for the 1099-MISC form. The minimum reporting threshold is $600 for that year. The data does not appear in the report.

1099s are for US-operating companies only.