1099-NEC

SOLVED

Does anyone know how Sage will handle the new requirement to report non-employee compensation on the new form 1099-NEC in 2020?  That form type is not included on the Vendor Setup Tab under 1099 Settings. Some attorney fees will also need to be reported on 1099-NEC.

Top Replies

  • Hi Thank you for your question. We are aware of the new requirements for form 1099-NEC for tax year 2020, that customers will report in 2021, and we are working toward a solution in a future release…