Warning: The
1099 Codes do not match the box
numbers for the associated amounts on the printed 1099 forms.Field Description - 1099 Code
The 1099 Code is an identifier for up to ten different 1099 categories that can be assigned to a vendor. Each code relates to a specific box on the 1099 Form, as depicted in the chart below.
Tip: You can not add or delete 1099 Codes, because they are predefined by 1099 Codes Table Maintenance.
Warning: The
1099 Codes do not match the box
numbers for the associated amounts on the printed 1099 forms.
|
Fund Accting |
1099 Form Box Number |
|
01 - Nonemp Cmp |
7 - Nonemployee compensation |
|
02 - Rents |
1 - Rents |
|
03 - Przs, Awds... |
3 - Other Income |
|
04 - Med/Health |
6 - Medical and health care payments |
|
05 - Royalties |
2 - Royalties |
|
06 - Sub Pymts |
8 - Substitute payments in lieu of dividends or interest |
|
07 - Fishng Boats |
5 - Fishing boat proceeds |
|
08 - Crop Ins |
10 - Crop insurance proceeds |
|
09 - Fed Tax W/H |
4 - Federal income tax withheld |
|
10 - State Tx W/H |
16 - State tax withheld |
|
---- |
9 - Payer made direct sales... |
|
---- |
11 - blank |
|
---- |
12 - blank |
|
---- |
13 - Excess golden parachute payments |
|
---- |
14 - Gross proceeds paid to an attorney |
Tip: For more information about the layout of the 1099, refer to the Print 1099s Report Sample.
Where-Maintained: 1099 Codes Table Maintenance
Where-Used: Vendor Master Maintenance, Vendor 1099 Totals Maintenance, Invoice Entry, Invoice Post, 1099 Forms, Print Tables
Format: 01 through 10