1099 Form Contents

You must provide a 1099 Form at year-end to any consultant to whom you paid more than the amount currently specified by law. The 1099 Form displays the amount paid by your firm to the consultant.

Vision provides data for the 1099 work file as shown in the following table.

Box	Field	Description
	PAYER’S name, street address, city, state, ZIP code, and tel. no.	The payer’s name, address, ZIP code, and telephone number, from the Form 1099 Processing form.
	PAYER’s Federal identification number	The payer’s identification number, from the Form 1099 Processing form.
	RECIPIENT’s identification number	The vendor’s identification number.
	RECIPIENT’s name	This field displays one of the following, depending on the value you choose in the Payment Payee field on the Accounts Payable tab of Configuration > Accounting > System AP: The name of the vendor (from the Name field in Vendor Info Center). Address 1 of the vendor's address (from the Address 1 field in Vendor Info Center).
	Street address (including apt. no.)	This field displays data from the vendor's primary address on the General tab of the Vendor Info Center.
	City, state, and ZIP code	This field displays data from the city, state, and ZIP code in the vendor's primary address on the General tab of the Vendor Info Center.
	Account number (optional)	This field displays the vendor number from the Vendor Info Center record.
	2nd TIN Not.	This box is usually cleared. Select it in the Form 1099 Editor.
1	Rents	This box is usually empty. Enter data through the Form 1099 Editor.
2	Royalties	This box is usually empty. Enter data through the Form 1099 Editor.
3	Other Income	This box is usually empty. Enter data through the Form 1099 Editor.
4	Federal income tax withheld	This box is usually empty. Enter data through the Form 1099 Editor.
5	Fishing boat proceeds	This box is usually empty. Enter data through the Form 1099 Editor.
6	Medical and health care payments	This box is usually empty. Enter data through the Form 1099 Editor.
7	Nonemployee compensation	This field displays the Paid Last Year amount, from the Vendor Info Center record.
8	Substitute payments in lieu of dividends or interest	This box is usually empty. Enter data through the Form 1099 Editor.
9	Payer made direct sales of $5,000 or more of consumer products to a buyer (or recipient) for resale	This box is usually empty. Enter data through the Form 1099 Editor.
10	Crop insurance proceeds	This box is usually empty. Enter data through the Form 1099 Editor.
11	Foreign Tax Paid	Enter the foreign tax paid on payments reported on Form 1099-MISC. Report this amount in U.S. dollars.
12	Foreign Country or U.S. Possession	Enter the name of the foreign country or U.S. possession for which the foreign tax was paid and reported in box 11.
13	Excess golden parachute payments.	This box is usually empty. Enter data through the Form 1099 Editor.
14	Gross proceeds paid to an attorney.	This box is usually empty. Enter data through the Form 1099 Editor.
15		This box is usually empty. Enter data through the Text Editor. The Text Editor does not limit the quantity of data that you enter, but the form prints only the text that fits in box 15.
16	State tax withheld	Enter data for one or two states.
17	State/Payer's state no.	Enter data for one or two states.
18	State income	Enter data for one or two states.