1099-NEC Printable Form

The 1099-NEC Printable Form is produced to report any Nonemployee Compensation to a Vendor. The information on this form is organized so that it can be printed directly onto a 1099-NEC Form and then sent to both Vendors and the IRS for tax purposes.

Important Note on Printing

When printing this form, ensure to update the following printer settings:

Adobe

When printing from Adobe, the 'Page Sizing & Handling' should be set to 'Actual Size.'

Chrome

When printing from Chrome, 'Scale' should be set to 'Default.'

Navigation

The My Reports search bar can be used to search R365's entire catalog of reports.

Open the Reports app.
Navigate to My Reports.
Enter all or part of the report name in the search bar.
The Results tab will open with the list of search results.
From beneath the report name, click Run to run the report with the selected report view.
-OR-
Click Customize to adjust the report parameters and run the report.

Report Parameters

Field/Column	Description
Year	The year the form is run for. Default: last year.
legal entity	A listing of all legal entities that can be selected.
Vendor	A listing of all 1099 vendors associated with the chosen legal entity.
Common Payer	Runs the legal entity as a common payer, as long as it is also marked as one on its legal entity record.
Threshold Amount	The minimum payment threshold for vendors. The default amount is set to $600.
Download Button	Exports the form as a PDF.

Report Details

Field/Column	Description
Payer's Name and Address	The legal entity's name and address.
Payer's TIN	The legal entity's taxpayer identification number.
Recipient's TIN	The vendor's taxpayer identification number.
Recipient's Name	The vendor name.
Recipient's Street Address	The vendor's street address.
Recipient's City, State, Zip Code	The vendor's city, state, and zip code.
Box 1 Nonemployee Compensation (1099-NEC)	Reports payments of $600 or more made to nonemployees (e.g., independent contractors, freelancers, or service providers) for services performed during the tax year.
Box 2 Payer Made Direct Sales of $5,000 or More	Checkbox used when the payer sold $5,000+ of goods to the recipient for resale (not common for contractors)
Box 3 Excess Golden Parachute	Reports excess golden parachute payments are the portion of a departing employee’s payout that is higher than what the IRS considers their normal level of compensation.
Box 4 Federal Income Tax Withheld	Reports any federal income tax withheld due to incorrect taxpayer information or backup withholding, applicable on both MISC and NEC forms.
Box 5 State Tax Withheld	Reports state income tax withheld from the payment to the recipient, applicable on both MISC and NEC forms.