PEAS - 1099SOLE
Define individual name
Release 7.9 and later directly update this information on the PEUPPE page, Vendor tab, within the 1099 field. The PE Association is no longer required but still relevant for users of earlier releases.
This common code is used to define an individual name to be reported on the 1099 in lieu of the name defined in PEUPPE, Addresses tab. This is useful for reporting Sole Proprietors. Using the PEUPPE, Associations tab, the individual name will be defined in the Associated Description field.
Code Category: PEAS
Code Value: 1099SOLE
Short Description: Not required.
Medium Description: Used to describe the common code.
Long Description: Used to describe the common code.
Associated Numeric Values, Associated Codes, Associated Descriptions
1-5: Reserved for future use.