Prepare 1099 Forms Tutorial Home >Software >Finance >QuickBooks 2002 >Special Transactions >Prepare 1099 Forms   Step 1:  Open Preferences Window At the end of the year, you may need to prepare 1099 forms for people who provided your company with services during the year. This tutorial will show you how to prepare those forms. Choose Edit, then select Preferences to open the Preferences window.   Step 2:  Set Up 1099 Preferences Click the Tax 1099 option at the left side of the Preferences window, then click on the Company Preferences tab to display the threshold information for various types of 1099s. If your company is responsible for sending 1099 forms, answer Yes to "Do you file 1099-MISC forms." Click OK to save your information.   Step 3:  Set Up 1099 Vendors For QuickBooks to be able to track 1099 information for your vendors, you must indicate which vendors are eligible for 1099s. Edit vendor information by opening the Vendor List (Lists>Vendor List) and double-clicking on a vendor who is eligible for a 1099. Click the Additional Info tab in the Edit Vendor window and check the box for Vendor eligible for 1099. You will need to supply the vendor's federal identification number.   Step 4:  Select 1099s for Printing When it is time to print 1099s for the year, choose Vendors and select Print 1099s from the menu. You'll be asked to identify the time period for which you want to prepare 1099 forms. The Select 1099s to Print window will appear. Check off each vendor who should receive a 1099.   Step 5:  Print 1099s Click the Print button in the Select 1099s to Print window when you are ready to print your forms. Make sure you have standard 1099 forms loaded in your printer.