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powellrh1
Level 2
Jan 12, 2021 5:53 PM UTC
Question

1099s printing on IRS system will not suppress $0 1099s

Box is marked to "supress if <minimum amount".  What am I missing this year?

    This topic has been closed for replies.

    3 replies

    IRonMaN
    IRonMaN
    Level 15
    Jan 12, 2021 6:05 PM UTC

    I'm guessing you didn't do anything wrong.  Based on other posts here, it's probably due to the fact that the software isn't running at peak performance.

    Slava Ukraini!
      Mike69
      Level 2
      Jan 13, 2021 1:02 PM UTC

      I have experienced the same problem.  This only seems to apply to the new form 1099-NEC.  1099-MISC work correctly. Currently using version 2020.1.03.

      amelendez
      Level 5
      Jan 13, 2021 8:17 PM UTC

      Good Afternoon powellrh1,

      This is a known issue to be resolve with the next update, we are expecting that update by the end of the week. It should only be affecting the 1099-NEC form, please reply to this thread if you have experienced this with other 1099s. 

      Thank you for your post in the Accountants Community!

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