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2237008 - How is FATCA checkbox populated RFIDYYWT - US Legal Change 1099

Symptom

As part of US legal change for tax year 2015 Smartforms and Adobe forms for 1099/1042-S reporting have been updated as per latest format. The changes were delivered within notes:

2227185 - US Legal Change 2015 - 1099 and 1042 Smartforms and Adobe Forms (relevant for release 600 and above)

2227186 - US Legal Change 2015 - 1099 and 1042 Smartforms and Adobe Forms (relevant for releases 470 and 500)

The major changes provided by above notes include a new check box as follows:

1. 1099INT - "FATCA filling requirement" checkbox introduced.

2. 1099MISC/MISC1 - "FATCA filling requirement" checkbox introduced.

 


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Environment

  • Financial Accounting (FI)
  • SAP R/3
  • SAP ERP Central ComponentSAP ERP
  • SAP S/4HANA Finance
  • SAP S/4HANA
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA

Product

SAP ERP 6.0

Keywords

FATCA; 1099; 2227185; 1099MISC; 1099MISC1; checkbox; FATCA filling requirement; FATCA checkbox; 1099,2227185,checkbox,1099misc1,1099misc,1099int,fatca,fatca filling requirement,fatca checkbox , KBA , FI-LOC-FI-US-WHT , Withholding Taxes , FI-AP-AP-Q , Withholding Tax (Calculation) , How To

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