CKFG - CK133C2

Controls display of withholding amounts
The following describes the optional CKFG entry that is used to control the display of federal and state withholding amounts on the 1099. If no vendors were subject to withholding, this common code may be omitted.
Code Category: CKFG
Code Value: CK133C2
Short Description: Used to describe the common code.
Medium Description: Used to describe the common code.
Long Description: Used to describe the common code.
Associated Numeric Values
1-5: Reserved for future use.
Associated Codes
1: A "Y" in this field indicates that values displayed in Box 4 of the 1099 form (state withholdings) must be positive.
2: A "Y" in this field indicates that values displayed in Box 16 of the 1099 form (federal withholding) must be positive.
3: A "Y" in this field causes no name mismatch warning to be displayed and the 3rd association description = "Turn off name mismatch warning."
4: Use "FIS" to flag the 1099 Misc process to look at the Miscellaneous Code on the AP Invoice for the FIS value to be compared to for reporting purposes.  Can be used for AP ONLY or BOTH subsystem options.
5: Reserved for future use.
Associated Descriptions
1: Display Box 4 as positive value.
2: Display Box 16 as positive value.
3: Turn off name mismatch warning
4: A list, separated by commas, of the FIS codes of payments to be included in the 1099 Misc tax calculations.
5: Reserved for future use.