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.
The purpose of this Knowledge Document is to act as a repository for the the 1099 FAQ for 2020.
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In this Document
|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?|