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| Enabled for | Public preview | General availability |
|---|---|---|
| Users, automatically | - | 
Apr 1, 2024 |
Business value
The 1099 form is a set of documents mandated by the Internal Revenue Service (IRS). The upcoming update streamlines the process with automated delivery of 1099 forms through an integration with the IRS. This automation also applies to automated delivery to vendors.
Feature details
Business Central streamlines the process of working with 1099 forms by automatically generating new 1099 documents when you perform calculations. Documents with the IRS 1099 calculation contain headers and lines, and each document maintains an archive. You can make adjustments and change the status of the document, such as Open, Released, Printed, Sent, Reported, Approved, or Rejected. You can change some statuses manually. Other statuses are set when you take specific actions, such as Printed or Sent. Business Central also adds a setup table with boxes and other detail configurations for specific periods. Each organization can update values without overwriting setup information from previous years.
After you create a document and complete the manual adjustments, you can start the automatic delivery of form substitutes by email. To use this method, configure vendors to receive 1099 forms through email channels. If email isn't an option, you can manually print substitutes and send them. (The IRS doesn't allow usage of original forms for this process.)
1099 copies use templates that you can customize before Microsoft provides the update. Microsoft doesn't change reports every year, but it updates templates with new information to make full support better and easier. Because 1099 forms use documents and Business Central keeps them archived, you can set up a Retention Policy to remove outdated documents.
Through the integration with the IRIS system, you can submit the forms. The IRIS system tracks status updates from the IRS. When the system successfully receives the form, the document status changes to Approved. If the system doesn't successfully receive the form or if there are issues, the document status is Rejected. The system updates the document with the rejection information from the IRIS system. Reporting through IRS APIs is available in a minor release for 2024 release wave 1.
This capability is an extension that replaces the existing capability. It provides a more user-friendly experience by improving workflow efficiency and offering extra value to users.
Geographic areas
Visit the Explore Feature Geography report for Microsoft Azure areas where this feature is planned or available.
Language availability
Visit the Explore Feature Language report for information on this feature's availability.
Tell us what you think
Help us improve Dynamics 365 Business Central by discussing ideas, providing suggestions, and giving feedback. Use the forum at https://aka.ms/bcideas.
Thank you for your ideas
Thank you for submitting these ideas:
- 1099's on blank paper
- 1099 update as an extension instead of incorporating in version upgrades
- 1099 Print to Blank paper
- 1099 Forms - print without using IRS preprinted forms
- Adjust 1099 Annual Cumulative Amounts by Vendor
- Add ability to have DBA name and legal name so IRS 1099 vendor reports are legal.
- 1099 Improvements
- This idea
We listened to your ideas, along with comments and votes, to help us decide what to add to our product roadmap.