IRS Redesigned 1099-MISC 2020

Just a heads-up for those who next year plan to use the 1099-MISC 2020 Revision, you will need to make changes to your SSRS Style and also Review your 1099 Form Configuration in Epicor.

IRS Redesigned Form 1099-MISC (2020)

Due to the creation of Form 1099-NEC, we have revised Form 1099-MISC and rearranged box numbers for reporting certain income.

Changes in the reporting of income and the form’s box numbers are listed below.

  • Payer made direct sales of $5,000 or more (checkbox) in box 7.
  • Crop insurance proceeds are reported in box 9.
  • Gross proceeds to an attorney are reported in box 10.
  • Section 409A deferrals are reported in box 12.
  • Nonqualified deferred compensation income is reported in box 14.
  • Boxes 15, 16, and 17 report state taxes withheld, state identification number, and amount of income earned in the state, respectively.

2018:

2020:

Also Know that Epicor comes with the 2015 1099 Version according to the help docs.
Standard US - 1099-MISC 2015-SSRS

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Thank you for this post Haso! I did receive a new US-PrtAP1099.rdl file from Epicor for our 2020 - 1099 Form that I hope is okay to share with everyone.

I created a new Report Style like Standard US - 1099-MISC 2020-SSRS and uploaded the .rdl file below to our Custom Report location for that report style.

US-PrtAP1099.rdl (82.3 KB)

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I received the Support Communication from Epicor this morning alerting to the redesigned 1099 form for 2020; a nice reminder to start the task to update the form manually since are still on 10.1.500…

This thread will come in handy for that purpose, so I am adding my reply to bubble it up. There will probably be some other folks doing the same, I suspect. This is a good starting point…

P.

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