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EAP WTHD20: FAQ for 1099 Update for 2020 (Doc ID 2723375.1)

Last updated on JANUARY 15, 2021

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 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 for 2020.

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Q01: Will the New 1099-NEC Copy B Form be Supported for Fiscal Year 2020 Reporting?
 Q02: upd31114646_setup.doc does not load delivered Demo data as noted in Upd31114646_setup.doc
 Q03: After configuring Withholding Types 1099M and 1099N, why isn't the 1099 Job generating the new forms?
 Q04: APX2020 runs to No Success and does not exist in the Report Definition
 Q05: Are generic scripts available to help update the Suppliers, Vouchers and Withholding Transactions with the new 1099 2020 changes?
 Q06: What is the 1099 Update for the year 2020?
 Q07: To apply a PRP for the latest 1099 fix, does my Organization's Environment have to be on the latest PeopleSoft Image/PUM?
 Q08: Do the Withholding Codes need to be updated with the new 1099 2020 setup?
 Q09: Correcting TIN Number & Moving Amounts Generates Three 'A' Records In the IRS Correction File
 Q10: Amount for State Income Tax Withheld Missing in the B Record of the IRS Tax File for 1099-NEC
 Q11: 1099 NEC Form Does Not Display the Recipient Name In a Standard Window Envelope
 Q12: 1099 MISC Copy B Form Box 9 and Box 10 Descriptions Not Correct 
 Q13: Form 1099-NEC Copy B Not Being Generated -- 1099 Suppliers With Withholding Type 1099N Printing on Form 1099-MISC Copy B Instead 
 Q14: Unable to Generate a Separate 1099 NEC IRS Tax File - Both NEC and MISC Suppliers Are Combined Into One IRS File 
 Q15: Should the Report ID On the 1099 Report Post / Report / Copy B Run Control Page Be Display Only After Applying the 1099 Changes for 2020?
 Q16: 1099_RPT_PST (1099 Report Post) Process Abends: Error retrieving Application Engine 1099_RPT_PST.PreProc component: Step Step01A, PeopleCode
 Q17: Box 10 - Gross Attorney Proceeds Amount (Class 10), Appearing In Box 9 - Crop Insurance Proceeds On the 1099-MISC Copy B Form
 Q18: 1099-INT Copy B Report, RTF Template APY1099INT.rtf, Lacks Both Payer And Payee Country Field In Address Sections
 Q19: AP_1099 PSJob Abends at Step 1099_RPT_PST.PreProc.Step01A (SQL) -- RC = 8601 (108,524) Cannot Insert the Value NULL Into column 'ADDRESS_SEQ_NUM'
 Q20: Why Are State Codes Missing in Positions 747-748 of the "B" Record and the "K" Record Not Generated for 1099-NEC Entries In the IRS File?
References

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