2019
This section contains Year-End processing information related to the 2019 tax year.
What's New
1099-MISC
- Print only the last four digits of the SSN on the 1099 form.
- 1099 processing now includes the use of non-US states or territories (common code CK99/STATExx), the option to select only vendors within a given state when creating the electronic file, and the ability to print forms with only the last four digits of the SSN.
- Select only vendors within a given state when creating the electronic file.
W-2
- Expanded W-2 box 12 & 14 overflow functionality to all supported tax forms.
- Payroll tax withholding tables are delivered separately, along with new functionality (new masks PYTXWI/PYTXWE) to import and export tax table CSV files.
- Changes to accommodate the new 2020 W-4 form.
- New option for the Archive copy when running PYW2EOSE.
- Ability to use custom descriptions for W-2 attachments in HR (7.11 only).
Maintenance Support
Refer to the following matrix for BusinessPlus Software and Year-End Tax Maintenance Support Release schedule.
Version | 2019 | 2020 |
|---|---|---|
7.9.10 |
| |
7.10 |
|
|
7.11 |
|
|
19.12 |
|
Clients on version 7.9.9 and below can still obtain the 2019 Year-End Release as a custom back-port with associated costs. Clients on 7.9.9 or below that want to upgrade their BusinessPlus version are required to upgrade to the latest 7.11 version. Contact Mark.Doughman@powerschool.com for more information.
Tax Tables
As a courtesy, PowerSchool provides next year's Federal and State tax tables for your convenience. Each district is ultimately responsible for their own data and is expected to verify the tax tables and calculations are accurate.