What to Do If You Didn’t Receive a Social Security 1099 for 2017

If you are just realizing that you did not receive a 2017 social security 1099 form, there is no need to panic. There is also no need to make a special trip to the nearest field office. Thanks to the internet and the Social Security Administration, it is easier than ever to request replacement social […]

Easy Instructions for Filing Form 1099 MISC 2020

2020 marks a slight change in IRS filing requirements. If you’ve filed a 1099-MISC in the past, these changes probably apply to you or your business. Before 2020, you likely filed a 1099 MISC for reporting both your miscellaneous payments and all non-employee compensation. Now, the IRS has reintroduced the 1099 NEC for reporting this […]

Comparing 1099 2020 Forms: 1099-MISC and 1099-NEC

If you file 1099 forms, you might have noticed a change this year. The IRS has changed 1099 2020 form requirements for those who need to file for contracted workers. Before 2020, businesses who hired independent contractors filed a 1099-MISC form to report those payments. This year, however, the IRS reintroduced the 1099-NEC form, simultaneously […]

How to File W2 and 1099 from Different Employer

While this won’t be a problem for most, some AMS users may be curious about whether they can file W2 and 1099 from different employers. The short answer? Yes, you can file W-2 and 1099 forms from different designated employers within the AMS system. The process is easy and does not take much time. However, […]

When to Use the 2020 1096 Form

It’s never too early to start preparing for tax filing season. The 2021 tax filing season for 2020 tax returns begins in February. Whether your business plans to file its 2020 tax returns using paper or electronic forms, there are certain updates and information to make sure you know this year.   What is Form […]

How to Best Manage a Social Security 1099 for 2020

If you are a personal accountant working specifically for elderly individuals or nursing homes, you’re likely no stranger to the SSA 1099 form 2020. As you begin to prepare for another tax filing season, there are certain things worth keeping in mind. Additionally, there is certain information that is important to share with your clients. […]

940 E-Filing – California Payers

When E-Filing the 940 for a California Payer, an error will occur, “Form 940 – Either the element ‘VIFUTA Wages’ is missing or out of rder , or the element ‘CAFUTAWages’ is invalid’”. This is corrected by downloading Version E-3. or higher.

State 1099 E-Filing Tips

Before E-Filing 1099 forms to the State, the State information must be filled out in the State/Payer’s State No. box on the 1099 Form. This also needs to be formatted a certain way. For example: NJ/123-123-123/000 On the 1099-NEC form it goes in Box 6, the 1099-MISC form, Box 16 and the 1099-R form, Box […]

Incorrect Addresses

AMS customers have concerns about the Mailing addresses for the 1099 forms. Be assured that AMS is using the most current Mailing Address instructions for the 1099/1096 forms. Currently in Version E-3.0 (or higher), in the 1099-etc software, we are using the addresses found in the 2020 Publication 1220,General Instructions for Certain Information Returns (Forms […]

What Happens if You Submit a Late 1099?

There are more independent contractors working now than ever before. If you own a business, no matter its size, you will likely need to prepare a 1099. If you need to prepare just one version of a 1099, you may think it will be okay to skip the process. However, the IRS keeps close tabs […]