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11-17-2020
09:26 AM
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Will 1099-NEC be included in ProSeries Quick Employer Forms Accountant now?
ProSeries Quick Employer Forms Accountant - under Tools in ProSeries Tax Software -
"Learn more" lists Forms 1099-MISC, 1099-INT, 1099-DIV, and W-2.
IRS has a new form for 2020 called "1099-NEC" which will replace Box 7 on the 1099-MISC for non-employee compensation. In other words, 1099-MISC Box 7 is being removed from 1099-MISC and given its own Form 1099-NEC starting in 2020. Will 1099-NEC be included in ProSeries Quick Employer Forms Accountant now?
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