1099 in Zoho Books

Setting up 1099

To track payments made to your vendors for 1099, you will need to go to the Contacts tab on the navigation panel in your Zoho Books account.

Edit Contact

1099-track-enable

This will ensure that all your 1099 payments made to this contact is tracked.


Generating 1099 Reports

1099-report-button

Date for 1099report

Unmatched 1099 screen

1099 rules

Report screen 1099

Please refer to the Threshold Limit Table found below.

Vendor information screen

Edit contact in 1099

Exclude from-1099 screen

Excluded from 1099

Box match


Exporting and Printing 1099 Report

Export and Printing 1099 report


Important points to double check


Threshold Limit Table

BOX PAYMENT TYPE MINIMUM THRESHOLD LIMIT
Box 1 Rents $ 600
Box 2 Royalties $ 10
Box 3 Other Income $ 600
Box 4 Federal Income Tax Withheld $ 5000
Box 5 Fishing Boat Proceeds $ 0
Box 6 Medical & Health Care Payments $ 600
Box 7 Non-employee Compensation $ 600
Box 8 Substitute Payments in Lieu of Dividends or Interest $ 10
Box 9 Direct Sales $ 5000
Box 10 Crop Insurance Proceeds $ 600
Box 13 Excess Golden Parachute Payments $ 0
Box 14 Gross Proceeds Paid to an Attorney $ 600