What would you do if a vendor does not show up in the 1099 wizard for filing despite payments being made?

When a vendor does not appear in the 1099 wizard, selecting the option to go to the Not tracked for 1099 tab and then choosing to add the vendor to the tracked list is the correct approach. This action allows you to ensure that the vendor in question is recognized as eligible for contribution to the Form 1099.

In QuickBooks or similar accounting software, certain vendors may be marked as “Not tracked for 1099” due to prior configurations, such as their payment types or the absence of relevant payment transactions that meet the thresholds for reporting. By adding the vendor to the tracked list, you rectify their status, thereby facilitating the inclusion of all applicable payments made during the tax year.

The other choices reflect alternative actions that would not resolve the issue effectively or might complicate matters further, leading to potential errors in filing. Thus, choosing to actively manage the vendor’s tracking status directly aligns with the goal of ensuring accurate 1099 preparation and compliance with tax obligations.