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How many 1099 forms do I need to order for year-end in Accounts Payable?

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Summary

How to determine how many 1099 forms are needed for year-end in Accounts Payable.

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Cause

Resolution

IMPORTANT:

  • Beginning reporting year 2023 - per IRS requirements, if you have 10 or more returns, you must eFile
  • Per the IRS requirements, beginning with reporting year 2020, non-employee compensation amounts are reported on the 1099-NEC form. Prior to reporting year 2020, non-employee compensation was included on the 1099-MISC form. Year end version 20.3 includes the change. Versions 20.2 and older are not compatible with the Aatrix forms as of reporting year 2020.

Use the 1099 Preparation report in Accounts Payable (Reports, Miscellaneous, 1099 Preparation) for a vendor count by 1099 Form type.




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