tax
Get ready for 1099 season
Get ready for the upcoming 1099 season. Learn about upcoming form and setup changes and check out the following resources to help you through the process.
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How to verify that your vendors are set up correctly and that taxable amounts are as expected
If you have 10 or more forms to file, the IRS requires that you file electronically. Read our article about how to e-file your 1099s with Sage Intacct and TaxBandits.
If you only have a few forms to submit, you can print forms. Make sure to order tax forms from our supported vendor to guarantee correct printing alignment.
Form changes
There are a few form changes for the 2025 tax year.
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All 1099 forms now support a 2-digit calendar year instead of 4-digits.
We already support this printing format, so processing steps remain the same.
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Use 1099-NEC Box 3 for Excess golden parachute payments.
This amount was previously reported in 1099-MISC Box 14. Update suppliers and transactions tagged for excess golden parachute payments. Read the release note and learn how to migrate information.
Setup changes
This year, if your company is configured to issue a separate 1099 per entity, you need to assign each entity an entity contact for address information to print. Read the release note.
Resources
Check out our step-by-step guide and troubleshooting tips.
You can also check out our videos:
Or, learn at your own pace through Sage University.
Permissions and other requirements
| Subscription |
Accounts Payable |
|---|---|
| Regional availability |
United States |
| User type |
Business user with admin privileges |
| Permissions |
Accounts Payable To print forms:
To run the 1099 report:
To e-file with TaxBandits:
|
| Configuration |
To override the default 1099 form or box for a line item:
To print individual 1099s for entities from the top level:
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