Good Afternoon GBS Rachel, 

The new Form 1099-NEC is available in IRS 2020 program. Unfortunately, the process to transfer the vendor data to the form is not completely automated. At this time, you have two different options for preparing this form and both require some manual work to be completed. 

The first option is to update the Vendor Information > IRS Code in EasyACCT > Code N 1099-NEC Box 1. Completing this will properly transfer the Vendor's information into the 100-NEC in IRS 2020. Of course, you would need to go through each vendor and make this change. 

The second option is to leave the Vendor Codes as is (1099-MISC Box 7) and transfer the data to IRS 2020. Once in IRS 2020 we need to open up Return Preparation > Select 1099-MISC > Tools > Transfer to NEC. Now this will transfer over all Vendor details to 1099-NEC but will not carry over any amounts for any boxes, these must be manually entered. 

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