idiot newbie question, 1099

[Mike or Penny Novack]

On 4/26/2016 4:17 AM, Lewis Balentine wrote:
> I am looking at GNUCASH as a replacement for Quick-books for HOA (Home 
> Owners Association - 32 units).
> I have been searching on line but can find not definitive statement so 
> I will ask the the idiot Newbie question:
> Can GNUCash generate 1099 forms/data?
> If affirmative: Is there any documentation on properly setting it up 
> to do that ?
>
> Thank you,
>
> Lewis
> Houston, Texas 
The answer is no, but EXACTLY what are you asking. Did you mean a file 
of 1099's for electronic filing? Because you can't file paper 1099's 
with the IRS except using the special machine readable forms that you 
have to get from them (and then another form filed with the batch of 
1099's that allows you to file them. Not something you could print off 
on your own printer << since I only have to do a few 1099 MISCs each 
year, if any, that's what I have to go through for the orgs for which I 
sometimes have to file those >>

In other words the ordinary 1099 forms you can download from the IRS 
site are only for informational use (you could send those to the 
recipient if you were filing electronic 1099's with the IRS). You do 
have to file electronic if over a certain number, but I don't know what 
that is since not something I have to worry about.

Michael D Novack

PS: There would ordinarily be other "programing" things related to 
filing 1099's because there are thresholds for filing them << did you 
pay THAT recipient over the threshold or not >> Were you also asking 
whether gnucash automated THAT part of it? File for that recipient and 
if so, what kind of 1099?