Are we required to issue our Contractors 1099-MISC if we use the Quickbooks Online Bill.com bill pay feature, and pay them via ACH?

QuickBooks Help QuestionsAre we required to issue our Contractors 1099-MISC if we use the Quickbooks Online Bill.com bill pay feature, and pay them via ACH?
Lynn asked 3 years ago

Are we required to issue our Contractors 1099-MISC if we use the Quickbooks Online Bill.com bill pay feature, and pay them via ACH?

admin Staff replied 3 years ago

You can read this article for detailed information regarding 1099 issues from Bill.com.
Bill.com and Tax1099 – FAQ
https://support.bill.com/hc/en-us/articles/207499466-Bill-com-and-Tax1099-FAQ#1099-K

My understanding is that bill pay services like (Bill.com) are not Paypal, debit or credit card transactions. It means you need to create 1099-MISC for the Vendors/Contractors in QuickBooks.



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