A Small business always tries to grow. For that, they use QuickBooks Online and try to deliver the best services or products to the customer. But sometimes they want to hire workers for a limited time to complete certain tasks.
When they hire a worker, they need to submit and send 1096 forms with the summarized information of 1099-NEC or 1099-MISC forms to the IRS. If you send these manually, then you need to print 1096. But the question is, how do I print 1096 in QuickBooks Online? So, in this blog, we are providing the complete information to print 1096 in QuickBooks Online.
What is 1096?
1096 is an annual summary and the process of passing U.S. Information returns. That summarizes 1099-MISC and 1099-NEC files and records freelancers, independent contractors, and consultants’ services to the IRS (Internal Revenue Service). Form 1096 is used for paper submission only to the IRS. If you submit Form 1099 electronically, then you do not need to use Form 1096. If you want to do the paper submission, then you need to complete a separate Form 1096 for each return you file.
Remember These Things Before Printing the Form 1096
There are some setups that are available which you need to do before printing the Form 1096, and keep in mind that the time of printing for a perfect document.
- Take a page-oriented printer where you print separate copies rather than just one.
- Never collect your pre-printed forms before loading them into your printer.
- We need a total of two copies, the first one is for the IRS, and the second one is for Vendors and suppliers.
- So first load one copy for print, after the first copy was printed, load the second copy for print.
- There, you can select -1 to adjust alignment by moving the point down or +1 to adjust alignment by moving it up.
Steps to Print 1096 in QuickBooks Online
Form 1096, after summarizing all the 1099 report information, you can submit it in two ways. The first one is an electronic way, and the second is a manual way. If you want to submit this file manually, then you need to print the 1096 form. Below, we provide the ways to print 1096 in QuickBooks Online.
- Open QuickBooks Online and navigate to bookkeeping.
- Then choose transactions and click on expenses.
- Then open the vendor menu and click on the Prepare 1099s in QuickBooks button..
- After that, check all the information for the tax year.
- After finding all good, select the Print and Mail option.
- Then choose the 1096 form and recheck all.
- If you find that all information is correct, click on yes.
- After that, click on the Print on a 1096 Form option.
- If you find your form needs to be aligned, then click on No and align the form and select the 1096 form, and click on the Print on a 1096 Form option.
Steps to Print the Previous Year’s Form 1096 in QuickBooks Online
If you need to submit the previous year’s Form 1096 in QuickBooks Online, then in the following steps, we provide proper ways to print a proper and correct file easily.
- Sign in to QuickBooks Online and choose Print Forms from the file menu.
- Then select the 1096s /1099s option.
- When the wizard is opened, click on Getting Started.
- Then click on the 1099 vendors option and tap on Continue.
- Now, verify the 1099 vendor’s details properly and click on Continue.
- Then mapped your account and edited the thresholds if needed, and clicked on Continue.
- Then, check your payments for exclusions and click on Continue.
- Now confirm your 1099 entries after the adjustment, and if you find the entries are right, then click on Continue.
- Then click on the Print 1099s button from the filing method window.
- Now, enter the particular date range for your form and click on OK.
- Then, choose all the vendors/suppliers for whom you need to print the Form 1096.
- Then press the Print 1096 option.
- Now, set your printer settings and click on the Print button, and done.
Conclusion
From this detailed discussion, we concluded that Form 1096 is used to summarize the Form 1099 information, and printing Form 1096 is important when you need to submit the file manually in QuickBooks. In this article, we are trying to deliver detailed information with a step-by-step process. We hope you all understand the topic “How Do I Print 1096 in QuickBooks Online” and got the proper answer to your question.