
December 16, 2020 | Intuit Developer Team
Update for Intuit Developers on QuickBooks Desktop and the 1099-NEC
Prior to tax year 2020, QuickBooks customers had to file only Form 1099-MISC for the vendors and contractors they paid. Starting in 2020, the IRS created a new form specifically for non-employee compensation (NEC) payments, Form 1099-NEC. All other payments will continue to use Form 1099-MISC... Read more