This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.
The 17th of the new functionality in the section is e-file IRS 1099 forms without integration.
If you prefer not to, or can’t, integrate directly with the IRIS portal, you can still file IRS 1099 forms electronically without integration.
Enabled for: Users, automatically
Public Preview: Jan 2025
General Availability: Feb 2025
Feature Details
Business Central online users can file IRS 1099 forms electronically via the IRIS API. Business Central only supports electronic filing. If you prefer not to use this integration, or if you have an on-premises version, you can create Magnetic Media as a way to electronically file returns. It lets you upload forms manually to the IRS. This feature will be available only for companies that use the IRS1099 module, which became available in 2024 release wave 1.