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SageUser1963

Form 1099-NEC

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Why is there not an option to select a vendor default to 1099-NEC?  There are options for 1099-MISC and 1099-INT.   What category are we supposed to put our vendors that are paid as independent contractors?  They are not employees,, we do not have the payroll portion of Sage 50 as we do not run our employees through this system.  I saw on another thread that we can adjust our 1099-MISC form to be able to print them on the 1099-NEC form.  This does not help your customers that have multiple types of vendors!    As it is now ALL the vendors show up on the MISC form as there is no correct option for the 1099-NEC, so we are supposed to report to the IRS the incorrect totals?  I am very confused as to why there is no update to add the correct option!    Please Help!  

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    I asked the same question of the Development Staff at Sage and was told that at this time, they are not updating the Vendor Maintenance screen to have 1099 Selections other than what is already there - None, Independent Contractor, and Interest. I agree that there should be changes made to that selection function, however, at this time, and before tax forms need to be generated this year, Sage will not be making that change. In the meantime, you will need to selectively choose Vendors when printing your 1099 Forms, even if that means that you have to do multiple 1099 runs and a manual 1096. You could also use the CHANGE ID function for your vendors to group their IDs together for like kind 1099 Types, i.e. NEC-Vendor101, NEC-Vendor102, MISC-Vendor 101, etc. Unfortunately, short of the Vendor ID Range, and Payment Type, there are no other filters available when printing 1099 Forms. Please also submit your feedback to them through the HELP Menu of your software, in the section called SUBMIT PRODUCT IDEA. They do review these submissions and attempt to incorporate them into their future updates, based on the interest of users.

  • 0 in reply to termerins

    Can you use the CHANGE ID function to make a subset Vendor list?  I can see where this would be helpful for printing the 1099-NEC's but I wouldn't want to change our current Vendor ID's permanently which are Alpha Vendor Name abbreviations.

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