How to send 1099 to a vendor paid by a credit card? Post author By Post date January 27, 2018 1 Comment on How to send 1099 to a vendor paid by a credit card? QuickBooks Help Questions › How to send 1099 to a vendor paid by a credit card? 1 Vote Up Vote Down Jolyne asked 3 years ago I paid a vendor for professional fees by credit card. How do I capture this amount (this was paid on the credit card) on 1099 to send to the vendor? Related admin Staff replied 3 years ago In this case, if you’ve paid by credit card, you don’t have to do 1099 for them. The Credit Card Company will report the 1099-k to them. For more information, read this article. Understanding Your Form 1099-K https://www.irs.gov/businesses/understanding-your-1099-k Your Answer 0 + 7 = Your Email Your Name Public Only Me & Admin ← Year-end accrued expenses → How can I send email invoices as a pdf attachment rather than a link in QBO?
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Jolyne
In this case, if you’ve paid by credit card, you don’t have to do 1099 for them. The Credit Card Company will report the 1099-k to them.
For more information, read this article.
Understanding Your Form 1099-K
https://www.irs.gov/businesses/understanding-your-1099-k