The 1099-NEC Printable Form is produced to report any Nonemployee Compensation to a Vendor. The information on this form is organized so that it can be printed directly onto a 1099-NEC Form and then sent to both your Vendors and the IRS for tax purposes. 



Navigation


To navigate to the 1099-NEC Printable Form, click 'My Reports' under 'Reports' in the left pane and then select 'Vendors' in the top header of the reporting window. Once opened, a listing of reports will be shown. 


Find the '1099-NEC Printable Form' and select 'Customize' next to the report. This will open up a listing of all Report Parameters that can be set to pinpoint the exact download a User needs.



Report Parameters



1) Year - The year the form is ran for

2) Legal Entity - A listing of all Legal Entities that can be selected

3) Vendor - A listing of all 1099 Vendors associated with the chosen Legal Entity

4) Common Payer - This will run the Legal Entity as a Common Payer as long as the Legal Entity is also marked as a Common Payer on its Legal Entity record

5) Threshold Amount - The minimum payment threshold for Vendors. The default amount is set to $600

6) Download Button - Exports the form as a PDF


Click here to learn more about Report Views and their added functionality.



Report Details



1) Payer's Name and Address - The Legal Entity's name and address

2) Payer's TIN - The Legal Entity's Taxpayer Identification Number

3) Recipient's TIN - The Vendor's Taxpayer Identification Number

4) Recipient's Name - The Vendor Name 

5) Recipient's Street Address - The Vendor's street address

6) Recipient's City, State, Zip Code - The Vendor's City, State, and Zip Code

7) Box 1 Nonemployee Compensation

8) Box 4 Federal Income Tax Withheld

9) Box 5 State Tax Withheld