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EAP WTHD: Withholding Adjustment for Class 04 Federal Income Tax Withheld Is Not Reflected in the IRS File or 1099 Copy B Form (Doc ID 2632390.1)

Last updated on MARCH 16, 2020

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

A Payment and Federal Income Tax Withholding was not done for a Withholding Supplier.  Through the Withholding Adjustment page, the steps below were used to record this payment.  After running the 1099 Job, the Federal Income Tax Withheld amount was not populated in Box 4 of the 1099 Copy B form.

STEPS:
1.  Add Class 04 to the Withholding Supplier Information page
2.  Suppliers > 1099/Global Withholding > Maintain > Adjust Withholding 
     a.  Add Legacy row for payment to Supplier > Class 03 (Supplier Default Withholding Class) > Basis Amt field = enter amount
     b.  Add second Legacy row for Federal Withholding > Class 04 > Basis Amt field = enter amount
3. 1099 Job
4. 1099 Copy B Form shows Box 4 is not populated with an amount

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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