Re: [GNC] Business use: Producing 1099s for vendors

2023-12-06 Thread Eric Chapman
Thank you, Adrien. I understand. I know who needs to get 1099s from me. I think I can use GnuCash to get the info I need relatively easily. I was just searching for others' advice & experience. Gratefully, Eric On 12/6/23 01:52, Adrien Monteleone wrote: The 'status' can change with the wind

Re: [GNC] Business use: Producing 1099s for vendors

2023-12-05 Thread Adrien Monteleone
The 'status' can change with the wind. GnuCash, so far, does offer you a wealth of information concerning your activity with each 'vendor' that is most likely useful for information you have *already determined* need a 1099. That is, your question is not a GnuCash question, but a legal one.

Re: [GNC] Business use: Producing 1099s for vendors

2023-12-05 Thread Eric Chapman
Let me clarify that I'm using the word "vendors" below in the way GnuCash does: someone to whom one makes a payment. The IRS does not (best I can tell) require that 1099s be issued  for "Payments for merchandise, telegrams, telephone, freight, storage, and similar items." (That's a quotation fr

[GNC] Business use: Producing 1099s for vendors

2023-12-05 Thread Eric Chapman
My little business sometimes has to provide 1099s to vendors and the IRS. I was searching for how to best do that with GnuCash. I found a helpful tutorial here: https://www.reddit.com/r/GnuCash/comments/eqpkih/how_to_deal_with_usa_1099misc_in_gnucash/. It is 4 years old, but I read through it,