Feature - 2022 1099-MISC and 1099-NEC Support
Version: 8.5 and Above
The 1099-NEC form changes for 2022 include the introduction of a printed year instead of a hard-coded year on the form itself.
Due to the layout changes introduced with the 2021 1099-NEC, it is necessary to use a laser form template when printing the 1099-NEC forms. The 1099-NEC laser form template is provided when updates are installed. The 2021 1099-NEC laser form template is compatible with the 2022 1099-NEC forms. If you installed this template when printing the forms for tax year 2021, you may not need to install the laser form template.
If you need to install the template, please refer to the following KB article:
https://support.elliott.com/knowledgebase/articles/1984122-install-2021-1099-nec-laser-form-template
Once you complete the above step, you can go to Accounts Payable -> Processing -> Print/Create 1099 Forms -> Print -> Print 1099 NEC Forms. If the laser form does not show "01 1099-NEC 2021," you will need to choose the form before printing. In the print option window click the "Options..." button. See sample screen below:
In the Appearance Options window, choose the 1099-NEC 2021 form template and click OK.
The application will ask if you want to print an alignment form.
Print Alignment - Answer Y or N. If Y, the application will prompt for the form layout to be printed for the alignment.
Which Copy (A/B/C/1) - Enter A, B, or press Esc to exit the window.
Generally speaking, your can order 1099 NEC forms with two different options:
3 Copies – Copy A, B & C
4 Copies – Copy A, B, C & 1
Please be aware that Copy A is for the IRS, which only gives enough space for one address line. Copy B, C and 1 are recipient, state, or internal copies. They have a different format than Copy A and don't have the one-address-line limitation.
3 Copies Scenario
Copy A is for IRS
Copy B is for Recipient
Copy C is for Payer and/or State Copy 1 or Copy 2
4 Copies Scenario
Copy A is for IRS
Copy B is for Recipient
Copy C is for Payer
Copy 1 is for State Tax Department
The following is a sample link where you can order 2021 1099-NEC 4-copy forms. Please evaluate the number of copies of 1099-NEC forms you will need and order accordingly:
The application will prompt the user to mount the appropriate form for the alignment depending upon the answer given to the previous prompt.
Once you enter the Payer's Information and the 1099 selection criteria, you will be asked which copy of the 1099-NEC form you wish to print.
Print Which 1099-NEC Copy - Enter A, B, or press Esc to exit the window and go back to field 7 to print for a different set of selection criteria.
Once you choose a form to print, you will be asked to mount that form on the printer and type DONE when ready to print.
Continue this process until all forms have been printed.
2022 1099-NEC Copy A
There were several changes in the 2022 1099-MISC form including the addition of a printed year instead of a hard-coded year on the form itself, the account number has moved, box 13 is now the FATCA filing requirement check box, 14 is
the golden parachute, 15 is the nonqualified deferred compensation, 16 is the
state tax withheld, 17 is the state/payer no., and 18 is state income.
2022 1099-MISC
Programs Modified: AP0101, AP21P1, AP21P1N
CLS