14. Run the program F1099
IRS implementing 1099-NEC (Non-employee Compensation) for for CY2020. F1099 program will have the ability to generate for all types, just NEC or just MISC. When running the F1099 program make sure to choose the option B for both.code
You will be asked your district information at the beginning of the program. The defaults in the reporting requirements section are the recommended settings but can be overwritten if desired.
Tip Be sure to say Y create a tape file as this is the file that will be sent to the IRS.