Update to the Vendor 1099 Information Reports for the tax reporting year 2016


For the reporting year 2016, minor adjustments have been made to the Vendor 1099 Information reports in Dynamics NAV.

The only change identified is the addition of a field for reporting of Bond Premium in Treasury Obligations on the Form 1099-INT report. No changes have been identified on Form 1099-MISC and Form 1099-DIV.

The update will be released as part of the upcoming cumulative updates for Dynamics NAV. More information can be found on Customer Source or Partner Source. If you have an urgent need for reporting in the new field, please contact Support.

 

Comments (3)

  1. Sounds like a general announcement, but applies only to NA databases used in the US, I guess?

    1. navteam says:

      Yes, this is US functionality.

  2. Adam Seigle says:

    Which cumulative update will this be part of, as 1099’s are due out by the end of January and they don’t appear to be in CU15 that was just released?

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