1099 report is used to identify which vendors need to complete a 1099 form for tax filing. 

CosmoLex does not generate 1099 tax forms, however, you can add a flag to those vendors who qualify and print a report identifying which vendors require a 1099 form. 

Tagging a Payee as 1099 Eligible

Go to Contacts > select Payee. Here is a listing of all saved Payees.

On the far right, there is a "1009 eligible" column.

To Mark a Payee as 1099 Eligible:

  • Select the Payee from this list
  • Click Edit
  • Check the "1099 eligible" box and save

From there, you can then generate a Payee/Payor list which will let you know who is eligible.