Guide to Getting Started - QuickBooks Online
When creating your filing, select Import from QuickBooks Online and log in with your QuickBooks credentials.
BoomTax will pull available employee and vendor data from QuickBooks and create an Excel file for you to complete and upload.
Note: Due to limitations in the QuickBooks API, payroll data cannot be imported and all TINs are masked during the import.
ACA Forms
The import will only have basic census data completed and will need:
- Full SSNs
- Offer / coverage information
- Covered individual data, if applicable
W-2 Forms
The import will only have basic census data completed and will need:
- Full social security numbers
- All applicable amounts (wages, federal income tax withheld, etc.)
1099 Forms
QuickBooks flags certain vendors as “1099 Vendors” and provides total expense amounts for each. The QuickBooks API does not distinguish payment types, so all values will appear in a single column on the spreadsheet. These are imported as follows:
- Form 1099-NEC: Non-employee compensation
- Form 1099-MISC: Rents
Note: When reviewing the import, verify the amounts and move any non-NEC or non-rent payments to the correct column, since all expenses import into a single field.
You will also still need to enter:
- Full SSN/EINs
- Other payment amounts
- State withholding details
- Additional options as applicable (FATCA filing requirement, 2nd TIN notice, etc).
We strongly recommend reconciling this information with QuickBooks vendor reports to ensure the correct box totals are reported.