Financial Management - PSFT (MOSC)

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Issue generating 1099 Correction File

edited Nov 8, 2018 4:53PM in Financial Management - PSFT (MOSC) 5 commentsAnswered

We have generated our 1099's for 2015 and we now have to make a monetary correction to one vendor.  We have followed the steps shown below, but are unable to have the generated 1099 marked as a Correction (the Correction check box is not checked and the IRS file does not have a "G" in position 6). The file generated looks like an Original.

The following are the steps involved in generating the 1099 Corrections file (these are the steps we followed):

1.  As soon as the Original IRS tax file is accepted by the IRS, run the Withholding Sent Process.

2.  Make the necessary corrections in the system

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