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IRS Release Status: FINAL

Sample Excel Import File: 1099-MISC 2020.xlsx

Sample Multi-PCode Excel Import File (Corporate Suite Only):1099-MISC 2020 Multi Pcode w Filter RecType.xlsx

What's New for 2020

Deadline

  • Due to recipient- By January 31, 2021
  • File on paper- By March 1, 2021
  • File electronically- By March 31, 2021

Major Changes! 

  • 2019 Box 7 - Nonemployee compensation is now Checkbox 7 - Payer made direct sales of $5000 or more of...
  • 2019 Box 9 - Payer made direct sales of $5000 or more of... is now Box 9 - Crop insurance proceeds
  • 2019 Box 10 - Patron's AMT adjustment is now Box 10 - Gross proceeds paid to an attorney
  • 2019 Box 14 - Gross proceeds paid to an attorney is now Box 14 - Nonqualified deferred compensation
  • 2019 Box 15a - Section 409A deferrals is now renumbered to Box 12 - Section 409A deferrals
  • 2019 Boxes 16, 17, 18 - State tax withheld, State/Payer's State no., State income are now renumbered to 15, 16, 17 respectively. 

REMOVED

  • 2019 Box 7 - Non Employee Compensation (Now in 1099-NEC) 
  • 2019 Box 15b - Section 409A income 

For Paper Filing Changed the box calculations for the 2020 1096 form due to the form restructuring. Please visit page 2 of the Form 1096 for more details.


Import Form Fields:

Field NameSizeType DescriptionNotes
See Form Filer Common Fields

Filer fields common to all form types.
See Recipient Common Fields

Recipient fields common to all form types.

FATCA Checkbox

1CheckboxFATCA filing requirementX / Y / T / 1 = Checked
2nd TIN notice1Checkbox2nd TIN noticeX / Y / T / 1 = Checked

Box 1 Amount

12Amount

Box 1: Rents


Box 2 Amount

12AmountBox 2: Royalties
Box 3 Amount12AmountBox 3: Other Income

Box 4 Amount

12Amount

Box 4: Federal income tax withheld


Box 5 Amount12AmountBox 5: Fishing boat proceeds
Box 6 Amount12AmountBox 6: Medical & health care payments
Box 7 Checkbox1CheckboxBox 7: Payer made direct sales of $5000 or more of.....X / Y / T / 1 = Checked
Box 8 Amount12AmountBox 8: Substitute payments in lieu of dividends or interest
Box 9 Amount12AmountBox 9: Crop insurance proceeds
Box 10 Amount12AmountBox 10: Gross proceeds paid to an attorney
Box 12 Amount12AmountBox 12: Section 409A deferrals
Box 13 Amount12AmountBox 13: Excess golden parachute payments
Box 14 Amount12AmountBox 14: Nonqualified deferred compensation
Box 15 Amount12AmountBox 15: State tax withheld
Box 16 State2TextBox 16: State abbreviation codeUse state abbreviation
Box 16 ID Number20TextBox 16: State ID numberGiven by State Department of Revenue
Box 17 Amount12AmountBox 17: State Income
See Form Common Fields

Form fields common to all form types.

1099-MISC Form:

IRS 1099-MISC Form:  1099-MISC 2020 Form

IRS 1099-MISC Instructions:  1099-MISC 2020 Instructions

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