1099 Company

This page contains two tabs of information: General and 1099 Types.

The General tab contains the Company Federal ID, name and address. Company Federal ID is disabled; all other fields are enabled.

The 1099 Types tab contains the company 1099 form types and associated minimum amounts for the following 1099 types:

• Miscellaneous
• Retirement Distributions (1099-R)
• Proceeds from the Sale of Real Estate
• Interest
• Certain Government Payments

Select your Form Type for Retirement Distributions.

In the Minimum Amount field, type the minimum dollar value for which a 1099 should be created. This amount is evaluated against all amount fields on the 1099-R. If you leave this field blank, a 1099 generates for any amount paid to a 1099 employee.

After making entries on either tab, click Save.