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1099 NEC Summary Error

Level 1

When we transfer over the data from the 1099-MISC screen to the 1099-NEC screen it automatically creates a 1099-NEC for those vendors whether amounts are entered or not. So if I go to Form Summary or try to generate the 1096 it says for example there are 25 forms with $0 dollars. We have the "Suppress form printing if < minimum" but it doesn't make a difference. Unless we delete the vendors not being used it also creates an error when you try to generate an efile. Is this a bug that is being worked on? Deleting vendor information is not ideal.

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2 Comments 2
Level 8

Not Good.. Thanks for the Info.

We can either delete the excess and loose all info to transfer to next year, or wait on a fix.. 

0 Cheers

Good Afternoon SW987, 

The "Suppress form printing if < minimum" is not working as designed for Form 1099-NEC. This is a known issue to be resolve with the next update, we are expecting that update by the end of the week. 

Thank you for your post in the Accountants Community!

0 Cheers