List of 1099 / CPRS Codes
Accounts Payable creates the following 1099 / CPRS codes:
| 1099/CPRS Code |
Minimum To Report |
Description |
|---|---|---|
| 1 | 600 | Rent |
| 2 | 10 | Royalties |
| 3 | 600 | Other income |
| 4 | zero | Federal income tax withheld |
| 5 | zero | Fishing boat proceeds |
| 6 | 600 | Medical and health care payments |
| 7 | 600 | Non-employee compensation |
| 8 | 10 | Substitute payments in lieu of dividends or interest |
| 9 | 5,000 | Direct Sales |
| 10 | 600 | Crop insurance proceeds |
| 11 | zero | Foreign tax paid |
| 13 | zero | Excess golden parachute payments |
| 14 | 600 | Gross proceeds paid to an attorney |
| 15A | 600 | Section 409A Deferrals |
| 15B | zero | Section 409A Income |
| 16 | zero | State income tax withheld |
Note: Accounts Payable does not create a code for box 12 on the 1099 form, which is used to specify a vendor's country. However, when you print the form, the country specified for the vendor is entered automatically in box 12.
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