We are posting three Year End Webinar Sessions. One for Payroll, One for Accounts Payable and one for Patronage. The recording was completed in 2021, but is still relevant and accurate this year.
During this webinar, we cover:
How to conduct yearend 1099 reporting
How to handle per-unit-retain reporting
How to do pass-thru credit reporting
2022 items to note:
250 Limit - if filing more than 250 returns, then the information must be filed electronically, along with printing out forms for vendors. This 250-threshold requirement applies separately to each form.
1099’s forms are filed with the IRS through the FIRE System at //fire.irs.gov/.
This site is currently down for updates Nov 25th thru Jan 5th.If filing 1099’s electronically, you must have a Transmitter Control Code & FIRE system login.
So that you buy the right forms for you printer, the number of returns per 8.5-inch x 11-inch page follow this. But most use the 1099-Substitute forms because you don’t have to purchase any forms as AGRIS uses plain paper to print these.
Package | Form | forms to a page | Height |
|---|---|---|---|
PAT | 1099-DIV | 2 forms to a page | 33 lines per form (5.5-inches tall) |
PAT | 1099-PATR | 3 forms to a page | 22 lines per form (3.7-inches tall) |
PAT | 1099-SUBSTITUTE | 1 form to a page | 66 lines per form (11-inches tall) |
Deadlines for 1099 forms for 2022
There are three types of 1099 forms that can be printed from AGRIS patronage package and each form may have a different deadline.
Form | 1099 Due Date to Recipients | filing to IRS by Mail | e-filing to IRS |
|---|---|---|---|
1099-PATR | January 31, 2023 | February 28, 2023 | March 31, 2023 |
1099-DIV | January 31, 2023 | February 28, 2023 | March 31, 2023 |
AGRIS V22.3.0 Released December 2022
If you are on at least 22.1, then you do not need to upgrade to the latest AGRIS version just to report 1099-NEC, 1099-INV, or 1099-MISC. With a slight adjustment of adding a year to print, the forms are the same.Minimum report amounts and What Prints
Form Type | Minimum Reporting | What Prints on this Form |
|---|---|---|
1099-PATR | $10 | Click link: 1099-patr form boxes - where calculation come from. |
1099-DIV | $10 | Stock Dividends |
Recording of the Webinar can be found HERE
