US 1099-G Report for Government Payments

Federal, state, or local governments in the United States can now generate Form 1099-G for certain payments like unemployment compensation, taxable grants, and agricultural subsidy payments.

Before you can use Payables to generate US 1099-G reports for a supplier, you must configure the supplier profile to enable the feature.

Enable Form 1099-G Reporting for Supplier

Here's how you can enable 1099-G reporting.

1. Navigate to Procurement > Suppliers, and search for the supplier for which you want to enable 1099-G reporting.
2. Edit the supplier profile and go to the Income Tax tab in the Profile Details section.
3. Select Federal reportable to classify the supplier as federal reportable.
4. In the Federal Income Tax Type list, select the default income tax type for the supplier. You can select one of the following:
   • GOV1: Unemployment compensation. This is reported in Box 1.
   • GOV6: Taxable grants. This is reported in Box 6
   • GOV6A: Energy grants. This is reported in Box 6.
   • GOV7: Agriculture payments. This is reported in Box 7.
5. Save the supplier profile.

Generate US 1099-G Report

To generate 1099-G reports:

1. Create invoices for the supplier. You can override the income tax type that was defaulted from the supplier profile. Account and pay the invoices.
2. Submit the process US 1099-G Report to generate the paper format for Form 1099-G. After the process is completed, click Republish. You can then select the output to be printed as one of the following:
   • Form 1099-G Copy A for IRS
   • Form 1099-G Copy B for the supplier
3. Submit the process US 1096 Report for 1099-G for generating Form 1096.
4. Submit the process US 1099-G Electronic Media Report for filing the returns electronically. After the process is completed, click Republish. Export to .rtf and copy the contents to a text file.