Enter, or click to select, a parameter ID of up to 15 alphanumeric characters. Choose characters for your parameter ID that help identify the type of selections you made on the screen, such as PERIOD or QUARTERLY.

When you save your record, all the selections made on the screen are stored with the parameter ID. Later, you can retrieve the parameter using Query.

You can use the parameter to run the process more efficiently because you can select the parameter ID with its previously defined screen selections. After the default selections display on the screen, you can override the defaults.

Enter, or click to select, a parameter description of up to 30 alphanumeric characters.

Select this option to print 1099s on paper. This option is the default setting for your print options. You can either print 1099s or create magnetic media. If you save your parameters for this screen, this option is identified in the Query table as PRINT.

Select this option to create a magnetic media file of 1099 information. If you save your parameters for this screen, this option is identified in the Query table as CREATE.

If you select this option, Costpoint sets the Pay Vendor selection range Option to All. This is the only available option when creating magnetic media.

Enter, or click to select, the year for which you want to print or create 1099s. Although you can print 1099 information for past or future years, Costpoint supports only the current year 1099 print format.

Enter, or click to select, the taxable entity for which you want to print or create 1099s.

You can generate 1099s for only one Taxable Entity at a time.

Use this drop-down list to select the range of pay vendors to be included.

If you select the Print 1099s option, the default setting for this field is All.

If you select the Create Magnetic Media option, Costpoint disables this drop-down list and sets the value to All by default.

Valid options are:

• All: Select this option to include all available pay vendors. The Start and End fields are disabled for this option.
• One: Select this option to include only one pay vendor and then enter that pay vendor in the Start field. The End field is disabled for this option.
• Range: Select this option to include a contiguous range of pay vendors. Enter the beginning pay vendor for the range in the Start field and enter the ending pay vendor of the range in the End field.
• From Beginning: Select this option to include a range of pay vendors that begins with the first of all the available pay vendors and ends with the pay vendor that you enter in the End field. The Start field is disabled for this option.
• To End: Select this option to include a range of pay vendors that begins with the specific pay vendor that you enter in the Start field and ends with the last of all the available pay vendors. The End field is disabled for this option.

Enter, or click to select, the starting pay vendor for the range that you want to include. If you select All or From Beginning in the Option field, this field is inactive.

Enter, or click to select, the ending pay vendor for the range that you want to include. If you select All, One, or To End in the Option field, this field is inactive.

Select this option to print form 1099-MISC.

Use form 1099-MISC to report miscellaneous compensation such as:

• rents

• prizes and awards

• other income payments

• medical and healthcare payments

• crop insurance proceeds

• cash payments for fish (or other aquatic life) you purchased from anyone engaged in the trade or business of catching fish

• cash paid from a notional principal contract to an individual, partnership or estate

• payments to an attorney

• any fishing boat proceeds

This option is selected by default.

Select this option to print form 1099-NEC.

Select this option to print a test 1099 to ensure the forms are correctly aligned in the printer and all the printer settings are correct.

Select this option print a test 1099 self-mailer to ensure the forms are correctly aligned in the printer and all the printer settings are correct.

Select this option to print the 1099 form on pre-printed paper. Two forms print per page.

You can use this option with either impact or laser printers.

Select this option to print 1099 Self-Mailers (sealed automatically by machine). You typically use this option if you have a large number of 1099s to print. You can use this option only with laser printers.

Select this option to print recipient copies of 1099 forms directly onto plain paper or blank stock.

If you select this option, Costpoint generates a PDF version of the 1099 form which you can then print on plain paper.

Select this checkbox to mask the Recipient ID when printing. Only the last 4 digits will be displayed on the printout.

Select a character from the drop-down list which will be used to mask a portion of the Recipient ID. You can select either * (asterisk) or X.

This field is enabled only when you select the Recipient ID Masking check box.

Select this checkbox to create a separate PDF file for each vendor.

Enter, or click to select, the directory where the PDF file will be saved.

If you selected Plain Paper / Blank Stock in the 1099 Paper group box, click on the global toolbar and select Create 1099 Forms to generate the PDF file for printing 1099s on plain paper. You can also run this process using batch mode.

Select this option to send a test 1099.

Select this check box to indicate that the year in the Calendar Year field is not the current tax year for which 1099s are being created.

For example:

• Current Calendar Year = 2023
• Current Tax Year for creating 1099s = 2022
• Calendar Year on screen = 2019
• Prior Year check box is selected

The application will print/create magnetic media for 2019, and will enter a P in the Prior Year Data Indicator field, to indicate that the data being reported is for a prior tax year.

Enter, or click to select, the location of the file.

Click this check  box to overwrite an existing file with the same name.

Use alphanumeric characters to enter a file name in this field. The name that you specify in this field will be used to identify this batch of 1099s. The file name should be unique to prevent duplication.

Enter the name of the person to contact if the IRS/MCC encounters problems with your file or transmission.

Enter the phone number/extension of the person to contact if the IRS/MCC encounters problems with your file or transmission. Hyphens are not necessary in this field; for example, the phone number (304) 263-8700, extension 5234 would be 30426387005234.

Enter the email address of the person to contact if the IRS/MCC encounters problems with your file or transmission.

Select this option to include only non-employee compensation types in the printed 1099/magnetic media file.

Enter your company's nine-digit Tax Identification Number (TIN) in this optional field. If you leave this field blank, the TIN for the Taxable Entity selected on this screen is used. The TIN was originally entered on the Set Up Company screen.

Enter the five-character, alphanumeric transmitter control code assigned to you by the IRS. This field is required if you are creating a magnetic media file.

Enter a name in this optional field. If the transmitter name and the company name are the same, you can leave this field blank. If the transmitter name is different from the company name, enter the transmitter name here.

To generate magnetic media, click on the global toolbar and select Create 1099 Magnetic Media File. You can also create magnetic media using batch mode.