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Updates to 1099 Software: New Distribution Codes and Fields for 2023

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Discover the latest enhancements in 1099 software including a new Distribution Code D for 1099-R, additional fields on 1099-MISC, and foreign tax upload features. The 1099-DIV and 1099-INT now include a Copy 1 for state. Additionally, the 1099-INT Copy A has been updated to a 2-UP Form. Note that the IRS FIRE Site will undergo yearly updates from December 13, 2013, to January 20, 2014. With a subscription of $390 per year, gain access to unlimited plans, batch upload tools, and printing functionalities. For inquiries, contact us at sales@ftwilliam.com or call 800-596-0714.

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Updates to 1099 Software: New Distribution Codes and Fields for 2023

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  1. ftwilliam.com 1099 Software By: Holly Roussel-Godfrey & Sarah MArtineau

  2. Housekeeping • New distribution Code D added for the 1099-R. • New fields on the 1099-MISC • Uploading Data? • PartForeignTax - Foreign Tax Paid (Upload Schema) • PartForeignCountry - Foreign Country or U.S. Possession • Row P (or any column header with IND): 1= Check the box and 0/Blank = Unchecked • The 1099-DIV and 1099-INT have added Copy 1 for state

  3. Housekeeping continued… • The 1099-INT Copy A is now a 2-UP Form. • The 2012 1099 State and Correction Fulfillment Service closed on November 30, 2013. • The IRS FIRE Site will be closed for yearly updates starting December 13, 2013 at 6 PM Eastern Standard Time through January 20, 2014. • You may continue to create batch files during this time and submit for fulfillment in January 2014. Printing and mailing will continue, however, electronic filing will take place when the site is back up and running on January 20, 2014.

  4. 2013 Forms Pricing • The 1099 Software is available for $390/year for unlimited plans. • Includes access for unlimited concurrent users • Includes batch upload tool • Includes batch printing functionality • The fulfillment Service is available for additional fees. • http://www.ftwilliam.com/Docs/ftw1099_fulfillment_pricing.pdf • Please contact sales@ftwilliam.com or call 800.596.0714 with your questions.

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