Currently the the Accounts Payable 1099 information and form does not support Interest. Some clients need to reports interest on 1099's.
by: Robert H. | over a year ago | Financial Management
Votes
6
Provide 1099's for interest paid for the US clients
by: Robert H. | over a year ago | Financial Management
Comments
Yes. I would vote for this twice if I could.
This is an ongoing annual issue for me. I have to manually create the 1096 for my interest vendor. It would be nice to have a system that handled ALL types of 1099's.