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Release Notes

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:

  • Service Bureau
    • 1099-NEC - CFS filing exception verbiage updated on the screen. (ASP-714)
  • 2022 IRS/SSA Updates - Tax Year 2021 preliminary forms are available. 
    • 1099-MISC has been updated in accordance with the finalized IRS 2022 version.
    • 1098 has been updated in accordance with the finalized IRS 2022 version.


UPDATED:

  • Business Rules & Validation:
    • 1098-Q Rule R06 amount increased to $135,000 for TY 2020 and later. (ASP-717)
      • R06: Box 3 > $135,000 



Download v2021.11.3006

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