In this 30-minute session, we will focus on tips for preparing for the New 1099-NEC (Non-Employee Compensation) form, which hasn’t been used since 1982. This form will replace using Box 7 on the current 1099-MISC form when reporting 2020 activity in January 2021. The MIP software 2020.2 that contains these changes is now available. This preview will help you get prepared.
Topics covered:
- Software changes overview
- Updating the Vendor 1099 information tab
- 1099 Adjustment Grid
- 1099 ReportingÂ
More about Zobrio U
Zobrio U is a series of webinars, articles and white papers that transform you into a solutions pro. As part of the Zobrio Client Care system, each class offers tips and instructions on your most pressing issues from financial close out to data security. At the very least, it just might get rid of that headache you’ve been having.