3005349 - How to generate 1099-NEC Tax Return file for Country US?

You want to generate 1099-NEC Tax Return file for the suppliers whose Withholding Tax Income Type is 7 - Nonemployee Compensation.

SAP Business ByDesign

With SAP ByDesign 2011 SPS02 release, you must generate the separate Tax Return - 1099-NEC by creating a new Tax Return Arrangement.

1. Go to Tax Management work centre.
2. Click on Tax Authority view. 
3. Search for the Tax Authority. 
4. Go to Company Tax Arrangements tab. 
5. Go to Tax Return Arrangements tab.
6. Click on Add Row.
7. Enter the Tax Return Arrangement ID.
8. Select the Tax Return Type = 8 - Non Employee Compensation 1099-NEC.
9. Select the Person Responsible. 
10. Fill the other data based on your business requirement. 
11. Click on Save. 

Now, you have to create a new Withholding Tax Return Run using below steps:

1. Go to Tax Management work centre.
2. Click on Withholding Tax Return Runs. 
3. Click on New and Tax Return Run.
4. Select the Tax Return Arrangement ID (Created based on above steps).
5. Enter From/To Date. 
6. Click on Set to Active. 
7. Click on Schedule and Start Immediately. 
8. Click on Save and Close. 

The Withholding Tax Return - 1099-NEC will be generated.

Note: Until the last release of SAP ByDesign(2011 SPS01), the system was generating single form of 1099-NEC and 1099-MISC with single Tax Return Type - Miscellaneous Income (1099 Misc).

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