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The Money Mustache Community
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Is Quickbooks a third party payment processor?
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Topic: Is Quickbooks a third party payment processor? (Read 772 times)
jpdx
Pencil Stache
Posts: 760
Is Quickbooks a third party payment processor?
«
on:
September 03, 2019, 11:00:32 AM »
I paid a vendor via ACH using a Quickbooks link they provided. Is Quickbooks considered a third party payment processor (such as PayPal) according to the IRS? I would like to know if I will need to send a 1099 to the payee or not.
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jpdx
Pencil Stache
Posts: 760
Re: Is Quickbooks a third party payment processor?
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Reply #1 on:
September 12, 2019, 12:10:10 AM »
Not the sexiest topic, but does anyone have any input?
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The Money Mustache Community
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Learning, Sharing, and Teaching
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Taxes
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Is Quickbooks a third party payment processor?