# 1099 preparation

> Contractors tracked all year, card payments excluded, W-9s and tax IDs checked, and a readiness list of who meets the threshold. IntuBu prepares the list; it does not file 1099s or send recipient copies.

Section: Taxes · Canonical: https://intubu.intuitivecapital-dai.com/docs/form-1099

Purchases → 1099 Center (also under Taxes → 1099).

**Through the year:** vendors marked *Track for 1099* on the vendor record accumulate their reportable payments. The vendor record holds the *Tax ID (TIN)* (stored encrypted and masked in lists) and *W-9 status* — not requested, requested or received. The 1099 Center counts vendors missing a W-9, and the Contractors page and vendor list show a W-9 badge.

**What counts:** bill payments, expenses and cheques to the vendor. Payments made by card or PayPal are shown separately as *Card-paid (excluded)*, because the processor reports those on a 1099-K — counting them would double-report the contractor's income.

**The threshold** shown is $600 per vendor for the year, and each vendor's payments are reported in one box (NEC box 1 by default). Check the current IRS threshold for the year you are filing.

**At year end:** pick the year and press *Prepare filings*. It lists each vendor over the threshold as *Ready*, or *Blocked* with the reason — missing TIN, or W-9 not received — so you can chase them before the January 31 deadline.

**IntuBu does not file 1099s** or send recipient copies. Use the list to file through the IRS's online system or your provider. The 1099 Summary report and the 1099 recap in the [Year-end tax package](https://intubu.intuitivecapital-dai.com/docs/tax-package) carry the same figures.