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ProSeries Quick Employer Forms Accountant
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ds_cpa
Level 1
11-17-2020
09:26 AM
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Will 1099-NEC be included in ProSeries Quick Employer Forms Accountant now?
ProSeries Quick Employer Forms Accountant - under Tools in ProSeries Tax Software -
"Learn more" lists Forms 1099-MISC, 1099-INT, 1099-DIV, and W-2.
IRS has a new form for 2020 called "1099-NEC" which will replace Box 7 on the 1099-MISC for non-employee compensation. In other words, 1099-MISC Box 7 is being removed from 1099-MISC and given its own Form 1099-NEC starting in 2020. Will 1099-NEC be included in ProSeries Quick Employer Forms Accountant now?
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1 Comment 1
qbteachmt
Level 15
11-17-2020
12:01 PM
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"Will 1099-NEC be included in ProSeries Quick Employer Forms Accountant now?"
Well, you did not see it right Now, but you know that Intuit will be working on it already, right? After all, they need to be in compliance, and you pay for that compliance provision.
Otherwise, did you know this is a Peer User Community? No one here is in touch with the behind-the-scenes programming staff, and it is doubtful Intuit would be posting their planning and progress here in the open internet forum, for their competitors to also see and monitor.
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