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1099 Processing User’s Guide for Calendar Year 2021 ...

1099 Processing User Guide 2021 Board of Regents of the University System of Georgia. All Rights Reserved. 12/01/2021 1 1099 Processing User s Guide for Calendar Year 2021 PeopleSoft Financials GeorgiaFIRST 1099 Processing User Guide 2021 Board of Regents of the University System of Georgia. All Rights Reserved. 12/01/2021 2 (This page is intentionally left blank for printing purposes.) 1099 Processing User Guide 2021 Board of Regents of the University System of Georgia. All Rights Reserved. 12/01/2021 3 TABLE OF CONTENTS TABLE OF CONTENTS .. 3 1099 PROCESS CHECKLIST .. 5 REMINDERS .. 6 Securing Sensitive Data .. 6 Important Dates .. 6 Summary of Withholding Reporting Changes Effective for 7 CHAPTER 1: WITHHOLDING Processing INTRODUCTION.

Users should safeguard information on secure sites as they work through this process and be especially careful with all documents, such as Copy B’s containing Social Security numbers. If users do not know where to download information in a secure area, contact the institution’s Technical Support Administrator.

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