1099 Box Numbers (tfcmg1115m000)

Use this session to define 1099-MISC box numbers that are used when filing the 1099-MISC Income payment information for the IRS.

Note

Box numbers are linked to payment-reason codes in the Reason Codes for 1099 Box Numbers (tfcmg1116m000) session.

Related topics

 

Year for 1099
Enter the year to which this box-number specification applies.
Note

Box numbers can vary from year to year, depending on the current IRS guidelines for reporting the 1099-MISC Income.

1099 Box Number
Enter the 1099-MISC Income box number for which payments are reported to the IRS.
Note

Box numbers are assigned by the IRS to categorize the various types of 1099-MISC Income to be reported. The box numbers specified by the IRS for 1997 are:

Box 1Rents
Box 2Royalties
Box 3Other income
Box 4Federal income tax withheld
Box 5Fishing boats proceeds
Box 6Medical and health care payments
Box 7Non-employee compensations
Box 8Substitute payments in lieu of dividends or interest
Box 9*Direct sales of 5,000 or more of consumer products
Box 10Crop insurance proceeds
Box 11State income tax withheld
Box 12State payer's state number

 

These box numbers are subject to change by the IRS at any time.

* Boxes 9 and 12 are filled in for 1099-MISC Income filing based on information maintained in the Pay-to Business Partner 1099 Details (tccom4126s000) session. These boxes must be excluded from this session.

Description
The description of the box number for 1099-MISC Income reporting. Valid box numbers and their corresponding descriptions are annually specified by the IRS.
Minimum Amount for Printing
Enter the minimum amount for reporting the 1099-MISC income related to the specified box number.
Note

If the total payments for the year are less than the minimum amount indicated in this field, the box number is left blank when filing the 1099-MISC Income paper or electronic forms.