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Create and file s with QuickBooks Desktop
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QuickBooks Desktop has a great time saving feature to help you prepare your s from the info you already have in your accounts. See What is a and do I need to file one? Follow the steps below to create your s in QuickBooks Desktop. After you prepare your forms, you'll choose to file them online or print and mail them to the IRS.
Likewise, you'll also choose if you want to email copies to your contractors, or mail them printed copies. Let's get started. Do I need to file a ? If you previously reported any information on Box 7 in the MISC, which is the total amount of non-employee compensation, this information is now reported on the NEC in Box 1.
When are s due? This is to be sure your s can be postmarked to your contractors by January. You can e-file s through January 31 to be on time with the IRS. For more info see this Tax article What is the filing cut off time to be 'on-time'. Do I need to file in my state? Some states require separate filing. If you need to file separately with your state, our e-file service can help at an additional fee.
There are multiple categories of contractor payments you might have made. Most businesses just categorize all contractor payments as nonemployee compensation and don't need to worry about modifying their accounts.
However, if you made multiple types of cash payments to contractors, you may need to file both a NEC and a MISC , and you may need to adjust your accounts to track these types of payments separately. This is determined by which types of boxes you select for types of payments you made to non-employees. If you need to file both forms, here's how to update your accounts so you can.
After preparing your s in QuickBooks, select the E-file button to follow the onscreen steps to import your data in to your Tax account. After importing, you'll see the Tax Dashboard displaying the list of vendors, amounts, and boxes. From here:. After you've submitted your s to the IRS, go back to your account to check their status. Follow the steps in this Tax article, How can I check the submission status of my tax forms?
For instructions on uploading or importing data for another company file, refer to this Tax article, How do I import a different company payer in QuickBooks Desktop QBD? For instructions on correcting your s, refer to this Tax article, What kinds of corrections can I make to forms after they have been submitted? Once you've created and submitted your forms, you may find you need to view, print, email, or mail them. For additional help or troubleshooting steps, see this Tax support page.
Need to make changes or updates to your accounts or subscriptions? Visit the Account Management Page. QuickBooksHelp Intuit. Step 1: See what and when you need to report Do I need to file a ? You do not need to report payments you made electronically, such as by credit card, debit card, gift card, or PayPal payments. QuickBooks Desktop automatically excludes these for you. The payment companies will report those payments so you don't have to.
Withheld any federal income tax from under the backup withholding rules. You must manually enter the Box 11 changes into QuickBooks. You must manually enter the amount in Tax Step 2: Set up your accounts There are multiple categories of contractor payments you might have made. QuickBooks Desktop for Mac. QuickBooks Desktop. Step 5: Import your data into Tax After preparing your s in QuickBooks, select the E-file button to follow the onscreen steps to import your data in to your Tax account.
Step 6: E-file your s After importing, you'll see the Tax Dashboard displaying the list of vendors, amounts, and boxes. From here: Select the vendor name or the Edit button to edit the vendor or box information, then select Update.
Note: Changes you make in Tax don't flow back to your QuickBooks company file. If you need to file s with your state, enter the information under the appropriate state boxes. Select the vendors you want to upload to e-file by checking the box, then select Next.
If there are any errors, a pop-up message will appear. Once corrected, select the vendors again, then select Next. Select the vendors by checking the box next to the Date column. If you need to file with your state, choose them here, then select Next or Calculate Tax When you are finished with the options on the Select Forms page, you're taken to the Payment page.
Step 7: Check your filing status After you've submitted your s to the IRS, go back to your account to check their status. How do I upload data from multiple QuickBooks company files into Tax?
How do I correct s? How do I view or print my form Once you've created and submitted your forms, you may find you need to view, print, email, or mail them. Was this helpful? Yes No. You must sign in to vote, reply, or post. Sign in for the best experience Ask questions, get answers, and join our large community of QuickBooks users.
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