EAP WTHD: 1099 FAQ Primary Resolution
(Doc ID 1203284.1)
Last updated on NOVEMBER 28, 2023
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.
Purpose
The purpose of this knowledge document is to act as a repository for the the 1099 FAQ.
Questions and Answers
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In this Document
| Purpose |
| Questions and Answers |
| Q01: What is the 1099 Update for the year 2023? |
| Q02: When is the Advisor Webcast for the 1099 Update for 2023? |
| 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 |
| References |