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1099 Tax Reporting Patches for 2015 Are Now Available

The following updates were made to reflect the United States (US) 1099 tax reporting changes required by the US Internal Revenue Service (IRS) for the tax year 2015:

1. The payment year was updated from 2014 to 2015 on US 1099 forms.
2. The states of Utah and DC were removed from the Combined Filing Program.
3. The X mark was moved to the left side of the page on 1096 Form.

What Do You Need To Do?

1. Apply one of the following patches:

For R11.5: Patch 21885897 - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 IN 11I

For R12.0.x: Patch 21885889:R12.AP.A - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 FOR R12

For R12.1.x: Patch 21885889:R12.AP.B - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 FOR R12

For R12.2.x: Patch 21885889:R12.AP.C - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 FOR R12


2. Run the Oracle Payables 1099 Setup Test (Doc ID 829636.1) to check for any problems and resolve any reported issues before testing 1099 functionality.

For full details please review Oracle Payables Plans for 2015 1099 Reporting (Doc ID 209913.1)

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Comments ( 2 )
  • guest Monday, December 5, 2016

    Hi,

    Will there be 1099 Tax Reporting Patches for 2016?

    Thanks


  • guest Wednesday, December 7, 2016

    When will the 1099 Tax Reporting patches be available for 2016? It seems that we are a little behind the game this year.


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