Customize 1099 threshold | Feature Requests

Customize 1099 threshold

complete

Julie Babcock-Hyde

Have the ability to adjust the 1099 threshold. In particular, it would be nice to select $400 so any vendors that are getting close to the threshold / expect to get above $600 later can be flagged and tracked early

Created by Joe Meraw

October 26, 2023

Jillian Plank

marked this post as

complete

Megan Pahl

Jillian Plank - Does marking this as complete mean we will be able to change the threshold?

Jillian Plank

Megan Pahl while the standard Prepare 1099s report does not have an editable threshold, you can now build a custom 1099-NEC or 1099-MISC report with a custom threshold. This way you can set whichever threshold you like and even update it at year-end once you want to only capture those vendors with spend >$600.