The Form 1099-NEC Reporting (F1099N) page stores the data necessary to print the 1099-NEC Form and generate the associated transmittal file to the IRS. Records can only be inserted by the Forms Reporting Table Load batch process. Only the Reprint, Exclude Print, User-Defined 1, and User-Defined 2 fields can be updated on this page; all other fields are protected. Updates should be made to the most current record (Current Record=Yes). The data from this page is taken from the output files of the Offline 1099 Process. Any changes required to the data should be initiated by correcting records on the 1099 Reported Income (1099R) or 1099 External Reported Income (1099ER) tables.
Records on 1099R can also be corrected using the M1099 transaction. Refer the "1099 Business Tasks" topic in this user guide for guidance on corrections.
This page has the following tabs:
General Information – This tab includes common tax form related fields.
Processing Information – This tab includes system tracking related fields such as Last Modified Date, Last Modified By, Transaction Date, Last Print Run ID, and Last Transmitted Run ID.
Reported Income Information – This tab includes tax form data fields specific to the IRS Form 1099-NEC for the tax year.