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EAP WTHD: 1099 Process is Not Generating the IRS File for the Vendor With Combined Amount of $600 or More (Doc ID 763575.1)

Last updated on FEBRUARY 01, 2024

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 1099 process should pick up a Withholding Vendor if one Class amount is less than $600 but when combined with other Classes, exceeds $600.

Vendor's reportable Withholding Amount for Class 07 is $100 and Class 01 is $510.  Each Class is less than $600 but when both Classes are combined together, the Vendor has more than $600. 

If the Vendor has the box for "Direct Sales of $5000 or More" checked on the Vendor > Location > Global/1099 Withholding hyperlink > Withholding Vendor Information page, then this Vendor is picked up for the 1099 process.  If box is not checked, the Vendor is not picked during the 1099 process.




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