1099 Form Changes for 2013 and Dynamics AX 2012

by | Updated August 15, 2016 | Dynamics AX, Financials

The United States Government has made changes to the 1099 forms for 2013 1099 reporting. A description of the form changes is listed below:

1099-DIV: 1099 Form 2013
1. RECIPIENT’s name box is smaller vertically
2. Street address has been moved up due to RECIPIENT’s name box being larger.
3. City, State and ZIP Code box is larger vertically.
4. The location for the Account number and 2nd TIN not. boxes moved below blank box.
5. Blank box has moved above Account number and 2nd TIN Not.
6. Boxes 12 through 14 allow for a second data entry. (Size hasn’t changed though)

1099-INT: 1099 Form 2013
1. 1099-INT changed from a 3 per page format to a 2 per page format for 2013. This has shifted all boxes.
2. Boxes 11 through 13 allow for a second data entry.
3. A blank box has been added above the Account number/2nd TIN not.

1099-MISC:1099 Form 2013
1. RECIPIENT’s name box is smaller vertically
2. Street address has been moved up due to RECIPIENT’s name box being larger.
3. City, State and ZIP Code box is larger vertically.
4. Box 11 is now used to report the foreign tax paid on payments reported on Form 1099-MISC. Box 12 is used to enter the name of the foreign country or U. S. possession for which the foreign tax was paid

1099-OID: 1099 Form 2013
1. Box 5 is used to enter any foreign tax paid on OID. Box 6 is used to enter the name of the foreign country or U. S. possession for which the foreign tax was paid.
2. 1099-OID changed from a 3 per page format to a 2 per page format for 2013. This has shifted all boxes.
3. Boxes 10 through 12 allow for a second data entry. (Size hasn’t changed though)

Microsoft has released a hotfix KB to accommodate the government changes to these 1099 forms via hotfix KB # 2918317. To obtain this hotfix KB #2918317, visit the following Microsoft Web Site:

https://support.microsoft.com/hotfix/KBHotfix.aspx?kbnum=2918317

It will be important that this hotfix is installed to ensure that the 1099’s that you print out of Dynamics AX 2012 to the preprinted 1099-MISC, 1099-DIV, 1099-INT-, and 1099-OID forms align to the respective boxes on the form.

If you need any help, please reach out to contact us.

Related Posts

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Upcoming Events

april

31mar01aprTraining Class: Financial Reporting W/Account Schedules for Dynamics 365 Business Central

07apr2:00 pm2:30 pmEnsuring Quality for Batch Manufacturers

08apr11:00 am12:00 pmConfab with Stoneridge - Livestream - Jumping into the Deep End of the Data Lake

14apr10:00 am10:30 amBoost Seller Productivity and Close More Business with Dynamics 365 Sales

21apr10:00 am10:30 amSetting Your Sales Team Up for Success: A Modern Look at Revenue Operations

21apr12:00 pm1:00 pmGetting Started with Barcode Scanners and WMS Apps for Business Central

21apr2:00 pm3:00 pmMoving to the Cloud: Today's Solution for Leading Field Service Companies

22apr11:00 am12:00 pmConfab with Stoneridge - Livestream - Moving from Manual to Automated with Strategic Automation Strategies

28apr10:00 am10:30 amThe Modern Manufacturer: Best Practices for Inventory Turnover

28apr12:00 pm1:00 pmPower Up Microsoft Dynamics by Automating Budgeting, Dashboarding and Reporting

may

05may10:00 am10:30 amAchieve More with Zetadocs for Business Central

05may2:00 pm2:30 pmSimplifying Item Pricing, Availability, and Tracing for Batch Manufacturers

06may11:00 am12:00 pmD365 Field Service – New Features to Empower Your Remote Workforce

12may10:00 am10:30 amThe Modern Manufacturer: Manufacturing Software in the Real World

12may12:00 pm12:30 pmFinancial Implications of Moving from Dynamics GP to Dynamics 365: Licensing and Infrastructure

17may(may 17)8:00 am28(may 28)11:00 amDynamics 365 Finance & Supply Chain Development Training - Online Workshop

26may10:00 am10:30 amThe Modern Manufacturer - Enterprise Asset Management

About Stoneridge
Stoneridge Software is a unique Microsoft Gold Partner, with emphasis on partner. With specialties in Microsoft Dynamics 365, Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP and Microsoft Dynamics CRM, we focus on attracting the most knowledgeable experts in the field to our team, and prioritize delivering stellar solutions with maximum impact for your business. At Stoneridge, we are deeply committed to your results. Each engagement is met with a dedicated team, ready to provide thorough, tailored, and expert service. Based in Minnesota, we intentionally “step into your shoes,” wherever you are. We focus on what you care about, and develop trusting, long-term relationships with our clients.

Subscribe To Our Blog

Sign up to get periodic updates on the latest posts.

Thank you for subscribing!

X