Take Charge! Form 1099 Processing Season is here



Important Notice: The IRS has made changes to electronic reporting requirements that may require you to file your 1099s electronically. When requesting your transmitter control code, please note that MRI Software PMX is only compatible with the FIRE filing system. Please refer to the IRS website at https://www.irs.gov/ for further guidance.

MRI Software versions X.5.10.2 and above have been updated to comply with 1099-NEC and 1099-MISC form changes for tax year 2022 and beyond. Please reach out to your account executive if you are on a version earlier than X.5.10.2 and would like assistance with generating 1099s.

In preparation for these updates, please ensure the following steps have been taken:

  • Setup Checklist
    • Vendor Setup
      • Ensure the 1099 vendor checkbox is selected for all vendors that should receive a 1099.
      • Double check the payee type is correct or that they’re attorney fee vendors
    • Account Setup
      • Be sure that Expense Accounts are marked as 1099 accounts
    • 1099 Setup
      • Complete Payer Setup
        • If setting up payers by Entity/Entity Groups ensure that all entities associated with a payer have been defined.
      • Confirm total number of 1099 forms per payer ID and determine if you are required to file electronically
      • Complete E-Payer Setup
      • Complete 1099 Transmitter Setup
MRI Property Management X Webinar Dates

Week 1: Thursday, January 4 — 1:00 – 2:00pm EST
Week 2: Tuesday, January 9 — 1:00 – 2:00pm EST
Week 3: Wednesday, January 17 — 1:00 – 2:00pm EST
Week 4: Monday, January 22 — 1:00 – 2:00pm EST
Week 5: Monday, January 29 — 1:00 – 2:00pm EST

Setup Overview

1099 Processing Overview

Download the Session Slides for MRI Property Management X users
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Download the Session Slides for MRI Windows Users
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1099 Processing FAQ
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