1099 Tax Reporting Patches for 2015 Are Now Available
The following updates were made to reflect the United States (US) 1099 tax reporting changes required by the US Internal Revenue Service (IRS) for the tax year 2015:
1. The payment year was updated from 2014 to 2015 on US 1099 forms.
2. The states of Utah and DC were removed from the Combined Filing Program.
3. The X mark was moved to the left side of the page on 1096 Form
What Do You Need To Do?
1. Apply one of the following patches:
For R11.5: Patch 21885897 - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 IN 11I
For R12.0.x: Patch 21885889:R12.AP.A - BUG FOR TRACKING THE 1099 CHANGES FOR THE YEAR 2015 FOR R12