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D365 Business Central v27 — 1099 Year-End Setup & Processing (Step-by-Step)
Get your IRIS TCC number to upload IRIS Fire file.
IRIS application for TCC | Internal Revenue Service
 

Step 1. IRS Reporting Periods — Create Period via Assisted Setup

Go to **IRS Reporting Periods** > **Assisted Setup** > **Set up IRS Forms**. Enter Reporting Year, choose **Create new setup** or **Transfer existing data**.
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A screenshot of a computer<br><br>AI-generated content may be incorrect.

Step 2. Forms in Period — Review Form Types & Box Counts

On **Forms in Periods**, confirm **DIV**, **INT**, **MISC**, **NEC** forms and box counts are generated.
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Step 3. Vendor Setup — Suggest/Manually Add Vendors

IRS Reporting Periods > **Vendor Setup** > **Suggest Vendors** (or add manually). Select **Form Number** and **Form Box No.** for each vendor.
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A screenshot of a computer<br><br>AI-generated content may be incorrect.

Step 4. Vendor Card — Payments FastTab (Read-only fields)

Vendor card > **Payments** FastTab shows read-only *IRS Reporting Period*, *1099 Form Number*, *Form Box No.* after setup.
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Step 5. Propagate — Update Purchase Docs & Vendor Ledger Entries

Vendor Setup > **Actions** > **Propagate**. Turn on **Purchase Documents** and **Vendor Ledger Entries**. Select all vendors and **OK**.
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Step 6. Documents — Create 1099 Forms

IRS Reporting Periods > **Documents** > **Create Forms**. Choose **Form Number** (e.g., NEC). Leave Vendor No. blank to create for all.
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A screenshot of a computer<br><br>AI-generated content may be incorrect.
A screenshot of a computer<br><br>AI-generated content may be incorrect.

Step 7. 1099 Form Document — Lines & Drill-down

Open a 1099 > **Lines** tab. Use **Calculated Amount** drill-down to see detailed Vendor Ledger Entries.
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A screenshot of a document<br><br>AI-generated content may be incorrect.

Step 8. Mass Release/Reopen & Print (Per-Form)

Select multiple forms > **Release** (mass). Open each form and **Print**/**Email** individually.
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Step 9. Adjustments — Add & Recreate Form (Replace)

IRS Reporting Periods > **Adjustments**. Add entries; reopen the form > **More (⋮)** > **Recreate Form** with **Replace**.
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A screenshot of a computer<br><br>AI-generated content may be incorrect.

 

Step 10. FIRE File — Generate .TXT for Upload

IRS 1099 FIRE > Enter **Transmitter Control Code (TCC)** and required fields; **OK** to generate **.TXT** for upload.

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Step 11. 1096 Form — Create Year Summary

IRS 1096 > **Create Form** (ensure number series).
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Keywords: Version 27 1099, New 1099 Feature

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