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Important Notice Regarding 1099s 

  1. Nexsyis currently supports only 1099-NEC (Non-Employee Compensation) and 1099-MISC (Rent only – Box 1) reporting.

  2. Due to vendor name formatting limitations within TaxBandits, we have reformatted our export template to be compatible with eSmartPayroll instead. Based on the website, customers need to transmit by 1/31.

  3. New import templates — Form 1099-MISC (Box 1 – Rent) and Form 1099-NEC (Box 1 – Non-Employee Compensation) — have been added under the Reports screen. 

    To run these reports, users must have Operator report permissions enabled.


Full instructions can be found here: 1099 Processing

 
 
 

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