Contents of the Form 1099 Processing Form

On the form, you specify the 1099 year, your enterprise's Federal tax ID number, name, and address, and the minimum recipient payment amount.

Contents

Field	Description
Processing 1099 year	Enter the processing year for which to generate the 1099. This field usually displays the current accounting year. To specify a prior accounting year, select it from the drop-down list.
PAYER's Federal identification number	Enter your enterprise’s Federal tax identification number. The Federal government gives this number to your company. If you do not know what this number is for your company, contact the Internal Revenue Service.
PAYER's name	This field displays your enterprise's name, from the General tab of the General Company Settings form (Settings > General > Company Settings).
PAYER's address and telephone no.	Enter the address to display for your enterprise on the 1099: Company: Enter the company name if you selected a setting for the Payment Payee option on the Accounts Payable tab of the System AP Configuration form (Settings > Advanced Accounting > System AP). Address lines: Use the two Address lines to enter address information. City/State/ZIP: Enter your city, state, and ZIP code. Telephone No.: Enter the telephone number of the person at your enterprise whom your vendors can call about their 1099s.
Minimum RECIPIENT Payments	Enter the minimum amount paid to a vendor to make it necessary to send the vendor a 1099.