To meet IRS 1099 deadlines, review your setup and data in advance and allow plenty of time to prepare and process the returns.
Important tasks to prep for 1099 reporting:
Check the changes in Form 1099-MISC and Form 1099-NEC
- IRS filing method links
- Due dates for submissions of returns
- Test Strategy for Form 1099-MISC and Form 1099-NEC
- 1099 Patches for Tax Year
Bookmark this important information source:
- Oracle Payables’ Plans For 1099 Reporting in the Current Tax Year (Doc ID 209913.1) https://bit.ly/3Ta7qTp
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