The 1099 Type of Income (TINC) page allows you to define valid values for an income type and the Form Type used in the 1099 reporting process. This table is linked to the Object, Sub-Object, Balance Sheet Account, and Sub-Balance Sheet Account pages to define the valid Types of Income. The 1099 Type of Income table supports the 1099-A, 1099-C, 1099-G, 1099-INT, 1099-MISC, 1099-R, and 1099-S Form Types. The 1099 Type of Income page is also used to define the threshold amounts for each Type of Income associated with a 1099 Form. You can add, modify, and delete information on this page. Each box should also define the type of data it expects by selecting the Data Type values list. 1099R and 1099ER will validate to ensure the box value entered is the correct data type.
This page is required to use the Advantage 1099 functionality. It is used by transactions, tables, and batch processes for 1099 reporting.