EAP WTHD: 1099 FAQ Primary Resolution
(Doc ID 1203284.1)
Last updated on NOVEMBER 29, 2021
Applies to:PeopleSoft Enterprise FIN Payables - Version 8.8 SP1 to 9.2 [Release 8.8 to 9]
Information in this document applies to any platform.
The purpose of this knowledge document is to act as a repository for the the 1099 FAQ.
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In this Document
|Questions and Answers|
|Q01: What is the 1099 Update for the year 2021?|
|Q02: When is the Advisor Webcast for the 1099 Update for 2021?|
|Q03: Is there a 1099 Setup and Troubleshooting document?|
|Q04: What is the general layout of the IRS tax file?|
|Q05: What is the list of state participating in Combined Federal/State Filing Program?|
|Q06: How to maintain 1099 Piggyback States for Combined Federal and State Filing (CF/SF)|
|Q07: How to process and generate the 1099 Correction File|
|Q08: How to find out the total payments done against a 1099 Vendor for a given year|
|Q09: How to include the Vouchers for 1099 when the PYMNT_VCHR_WTHD data is missing|
|Q10: How to include a non-Withholding Vendor for 1099 processing|
|Q11: How to report 1099 for multiple Vendors with the same TIN|
|Q12: How does Freight / Sales Tax / Discount and 1099 / Withholding function work?|
|Q13: How to do Physical (Backup) Withholding for 1099|
|Q14: K Record Total Amount does not match the sum of B Record Amount for a State in IRSTAX file|
|Q15: 1099 process is not generating the IRS file for the Vendor with combined amount of $600 or more|
|Q16: Canceled and Re-issued Payments are getting picked and processed again by the 1099 processes|
|Q17: IRS file rejected due to State Code issue for Vendors participating in the Combined Federal State Filing|
|Q18: Government Entities required to withhold 3% on Payments|
|Q19: Health Care Legislation changes that would impact Form 1099-MISC|
|Q20: Report APY8056 runs and it generates an empty output file even though data is populated in the tables|
|Q21: After running Withhold 1099 Report with Type of File/Return = Test, 1099 Withholding to Send Detail Report is blank|