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Release Notes
This is the early release for tax year 2022.
The 1099 Pro Service Bureau will not include the 1099-NEC as part of the Combined Federal State Filing Program (CF/SF). In order to perform 1099-NEC state filing, via the Service Bureau, customers must purchase the additional 1099-NEC state filing service (details here).
Many states, that implemented their own 1099-NEC filing mandates, are still requiring state direct filing as opposed to allowing filers to use the IRS CF/SF Program. This is because most states have already built their reporting portals and direct reporting provides the data to states earlier in the year which is a critical tool in combating tax fraud.
NEW:
- All 2022 tax forms and instructions have been updated with IRS changes.
- All business rules and custom queries have been updated for 2022 form fields.
- All 2022 sample import files and Excel data shells have been added.
- All reports have been updated for 2022 tax form changes.
- All help files have been updated for 2022.
FORM CHANGES:
- Form 1099-DIV:
- Box 11 (FATCA checkbox)
- Multi-Year form
- Form 1098-F:
- Box 2 - Amount to be paid for violation or potential violation.
- 2021 Box 2 - Restitution/remediation amount → 2022 Box 3 Restitution/remediation amount.
- 2021 Box 3 - Compliance amount → 2022 Box 4 - Compliance amount.
- 2021 Box 4 - Date of order/agreement → 2022 Box 5 - Date of order/agreement.
- 2021 Box 5 - Jurisdiction → 2022 Box 6 Date of order/agreement.
- 2021 Box 6 - Case number → 2022 Box 7 - Case number.
- 2021 Box 7 - Name or description of matter/suite/agreement → 2022 Box 8 - Case name or names of parties to suit, order, or agreement.
- 2021 Box 8 - Code → 2022 Box 9 - Code
- Box 9 Codes
- 2021 B - Multiple payers/defendants → 2022 B - Multiple payers.
- 2021 D - Property or services required to be acquired, constructed, or transferred under the court order or agreement. → 2022 D - Provision of services or provision of property required.
- Codes F, G, H, I are removed.
- Multi-Year form
- Form 1099-MISC:
- Box 13 (FATCA checkbox)
- 2021 Box 13 - Excess golden parachute payments → 2022 Box 14 - Excess golden parachute payments.
- 2021 Box 14 - Nonqualified deferred compensation → 2022 Box 15 - Nonqualified deferred compensation.
- Multi-Year form
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