2025 Update to Golden Parachute box in 1099 NEC Form
Hello,
We downloaded and applied the latest patches for the 1099 and W2's. According to the Oracle documentation, box 3 in the NEC will now be used for excess golden parachute payments and box 14 in MISC wll be empty, however after applying the patches, we are not seeing a new data field for box 3 in the NEC when checking the XML. Can you please confirm the same? If not, what is the field referencing this box called?