2020 1099 Changes

We have added the 1099NEC forms to the right-click report options. If you have any 1099 reports (1099 Misc-Red, 1099-Int-Red, etc) in your report group right click on each report and select report options then click OK. This will ‘set’ the Print NEC values in your report.  

Review the 1099 Mappings carefully and make the appropriate changes. This only has to be done one time per client. The IRS has made the following changes:

Old box                                                           New Box

Misc Box 7 – Non Employee Comp               NEC Box 1

Misc Box 9 – Ck box $5000 or more              Misc Box 7

Misc box 10 – Crop Insurance                        Misc Box 9

Misc box 14 – Paid to Attorney                     Misc Box 10

Misc Box 15A – Section 409A Deferral         Misc Box 12

Misc Box 16 – State Tax Withheld                Misc Box 15

R Box 12 – State Tax Withheld                     R Box 14