1099–MISC
- Rents
Specify the minimum amount that you report for 1099-MISC Box 1, Rents. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Royalties
Specify the minimum amount that you report for 1099-MISC Box 2, Royalties. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Other Income
Specify the minimum amount that you report for 1099-MISC Box 3, Other income. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Form 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Medical and health care payments
Specify the minimum amount that you report for 1099-MISC Box 6, Medical and health care payments. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Substitute payments in lieu of dividends or interest
Specify the minimum amount that you report for 1099-MISC Box 8, Substitute payments in lieu of dividends or interest. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Direct Sales
Specify the minimum amount that you report for 1099-MISC Box 7, direct sales indicator. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Crop Insurance
Specify the minimum amount that you report for 1099-MISC Box 9, Crop insurance proceeds. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Payments to Attorneys
Specify the minimum amount that you report for 1099-MISC Box 10, Gross proceeds that are paid to an attorney. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Section 409a deferrals
Specify the minimum amount that you report for 1099-MISC Box 12, Section 409A deferrals. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Nonqualified deferred compensation
Specify the minimum amount that you report for 1099-MISC Box 15, Nonqualified deferred compensation. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
- Fish purchased for resale
- Specify the minimum amount that you report for 1099-MISC Box 11, Fish purchased for resale. The system does not report a 1099 if the payee's amount for this box is less than the minimum, unless a withholding amount is reported on 1099-MISC Box 4, Federal income tax withheld. The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.
https://www.irs.gov