1099 Export
The following data elements can be used with the “1099Export” usage. This usage or the 1099 Forms Export usage can be used to export 1099 reporting information in the 1099 Forms option (see 1099 Forms).
| Data Element | Description |
|---|---|
Amount | Payment amount |
Business Unit | Newspaper business unit |
Direct Sales Indicator | Direct sales indicator (“1” if over 5,000 in sales, otherwise blank) |
Filler |
|
Linefeed |
|
Literal Value |
|
Tax ID Number | Transmitter’s TIN or SSN (Federal ID number prompted for on 1099 screen) |
Vendor ID | Payer’s account number (account’s vendor ID) |
Vendor Prefix | The prefix is defined in Business Rules: What is the prefix used for vendors when interfacing to the PeopleSoft accounting system? (General section) |
Withholding Class | 1099 withholding class. If the carrier has amounts in both box 3 and box 7, separate records will be exported. |
Withholding Type | 1099 withholding type (“IRS” for interest 1099s or “FED” for miscellaneous). |
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