1099 Process

Review of Setups Menu Settings > Accounts Payable > General Options Check boxes “Use 1099” and “Generate 1099 on Payment Vendor”. Payments made to vendors with some type of payment card should NOT be reported. It is the responsibility...

This process auto-creates all 1099’s for a year. Any vendor payment with a 1099 code on it will be processed. If a payment was made to a vendor and a 1099 code was not designated on the invoice line, that payment amount will not be included ...

The text which prints on the back of the 1099 form is maintained under menu option Month End > 1099 Process > Back of Form. An annual update is provided by SGA. To apply the update for the current year, select the year, the Form and click “Ap...

Shows all payments for a vendor with the ability to change the 1099 status for each. You may tag all payments by selecting the code and clicking Tag All at the bottom left of the screen; you may then tag each payment with a 1099 code (or bl...

Creates an electronic file for transmitting 1099 information to the IRS. Starting tax year 2023, if you have 10 or more information returns, you must file them electronically. Find details on the final e-file regulations . You must have a TCC (...

The system can accommodate tracking and printing 1099 forms for more than one company and EIN#. Instructions as follows: Go to Settings > Accounts Payable > 1099 Codes.  This table assigns the box# and form type where the specific code ...

The following two forms options are available for printing Form 1099-MISC and 1099-NEC: Blank form (2 up). Prints two vendors per page. Option to print Recipient Copy B with or without instructions on the back. Using blank form requires el...

Steps to apply for TCC Code to File 1099s Electronically (To the best of SGA's Knowledge, this is the process. SGA does not assign the TCC Code. Any questions should be directed to the IRS) Starting tax year 2023, if you have 10...

1099 Processing for first year in SGA Accounting Forms:    If you plan to file paper forms with the IRS, you will need to purchase pre-printed (red copy) 1099- NEC and 1099-MISC (If used) forms.   If you plan to f...

Last Updated 01/11/2022 1099 Electronic Filing – Step by step instructions to upload a file to the IRS FIRE website. http://fire.irs.gov   to connect to FIRE (Filing Information Returns Electronically) First time connection to th...

How to upload 1099 forms with IRIS: https://www.irs.gov/filing/e-file-forms-1099-with-iris Click on Sign in to IRIS     Sign In with your ID.me account. (An ID.me account is IRS-required for the individual logging in.) Select your Org...