Copy of 1099 Requirement - Must Report Medical and Health care payments made to corporations in Box 6 of 1099 (AGS-10677)

Benefits

This feature reduces the time and effort required to accurately comply with reporting requirements for medical and health care payments reported (in box 6 of Form 1099-MISC).

Description

Any vouchers created with a voucher type where the 1099 distribution type is set to “4) Medical and Health Payments” will be reported in box 6 on your 1099-MISC forms when they are generated. This applies to both printed and electronic forms.

Navigation - Usage

ACP > Setup Information > Voucher Types

1. Enter a new, two character, voucher type for medical and health care payments.

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2. Set the 1099 Distribution Type to “4) Medical And Health Payments.”

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