This video is for Setting up and File 1099-NEC and 1099-Misc for QuickBooks Online Users (QBO)
Are you ready for the new 1099-NEC?
What are the changes for the 2020 tax year…
New for 2020, nonemployee compensation has been removed from 1099-MISC and given its own form, the 1099-NEC.
Amounts formerly reported in Box 7 of 1099-MISC in 2019 and prior years should now be reported in Box 1 of 1099-NEC.
QB Desktop Users 1099-NEC training: https://canduskampfer.com/1099-nec-desktop-users/
Need to send your Nonemployee’s a W9: https://www.irs.gov/pub/irs-pdf/fw9.pdf
IRS 1099-Misc Publication: https://www.irs.gov/pub/irs-pdf/i1099msc.pdf
Ready to Customize QuickBooks for your Business and feel Confident at your next tax appointment?
Join me for my QB Workshop: https://CandusKampfer.com/workshop
Let me know if you’re ready to process your 1099’s now? 
So enjoyed your video on the 1099 NEC for QBO. My question is when you go to print them out on the form, do you load the form yourself in your printer cuz I don’t have any, or when you get to that point does QuickBooks generate the form that you print on? Hope by making sense
Linda,
You will need to either purchase the forms to print on or efile.
Okay, thank you!
Thank you for your valuable time. The information on the new 1099 NEC is very helpful.