You must verify that the vendor is set up with the correct 1099 type in Sage 50.
- From the Maintain menu, select Vendors.
- Enter or select the vendor ID in question.
- Check the 1099 Type field. Choose either Independent Contractor (to report non-employee compensation of $600 or more on the 1099-MISC form) or Interest (to report those vendors to whom you paid more than $10 in interest a year on the 1099 INT form).
- Open Vendor Defaults by selecting Maintain, then Default Information.
- Select the 1099 Settings tab.
- Scroll to the Expenses section of the list of general ledger accounts and make sure that the correct box number is selected for the appropriate accounts.
- Click OK..
- Finally, reprint the 1099 forms for these vendor(s).