Owner 1099 Forecast - REV860

This report provides summary information, based on Detail Sales History records by paid date, for Owners who will have 1099 records created at the end of the year. The report totals all Gross, Deductions (all components), and Net amounts for the owner’s DSH records. If the Owner Detail has the Suppress 1099 flagging selected, that Owner does not appear on this report. Government entities are not included in this report.

This report is designed as a tool to allow quick review of the applicable Owners’ totals, in order to determine which Owner’s activity may require further analysis using various Revenue System owner-level reports. Remember that many revenue reports are based on Sales Date rather than Payment Date.

The report may also be run at a summary-by-state level. State Master flagging, as well as which 1099 processing methods, federal combined versus state level, will determine whether actual earnings are provided during actual 1099 processing to the states listed on the report.

Any NAM record whose entity type has a Tax Id Format of "EXEMPT," that is, entities that are exempted from requiring a tax ID, will be excluded from selection in this process, unless the state on the entity record is set to include "EXEMPT" entities. To include "EXEMPT entities for a state, that state must have the Exempt Entity Reporting Required box checked in State Codes - COM990. The "EXEMPT" Tax Id format is set on the NAM Type Code (entity type) in Name Type Codes - COM172.

If any revenue records have not been transferred to Detail Sales History, you will receive a message to make you aware of this condition. Click OK to continue or cancel.