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1099-DIV reporting option for total ordinary dividends

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Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Enabled for Public preview General availability
End users by admins, makers, or analysts - This feature is released. Aug 7, 2020

Business value

This feature makes it easier to ensure regulatory compliance for 1099-DIV reporting by allowing for configurable totaling options for total ordinary dividends.

Feature details

This feature lets you specify how the total ordinary dividend amounts will be reported for 1099-DIV processing. Specifying whether or not to total ordinary dividend amounts for 1099-DIV processing can help make it easier to ensure regulatory compliance. To run the 1099-DIV reporting process, select Accounts payable > Periodic tasks > Tax 1099 > Vendor settlement for 1099s.