Description |
*This issue relates to i21 Help Desk ticket:* [ HDTN-256134 - 1099-Patr are not correct|https://helpdesk.irely.com/iRelyi21live/#/HD/Ticket/?ticket=HDTN-256134]
* Reported by Cent*** **** on HDTN-256134. Sherri was able to manually address this for 2020, but will need to address this programming deficiency.
*Steps:*
1. Create Equity Payment
2. Click Voucher button
3. Open generated Voucher
*Issue:*
when a Patronage Refund is created at end of year - the full amount of the patronage refund is reported on the 1099 in the year of the refund. Usually they payout 50% cash rest go to Equity -but full amount goes to 1099
So when they pay equity out for a prior year -that amount should not be reported on the 1099
this year it is trying to report the equity payout in 5. "Redemption of nonqualified notices and retain allocations" and it should not
Below are screen shots of equity paid out in 2019 and 2020 - the 2019 transaction is correct
Please fix
Prior Year Equity paid in 2020
!pastedImage_d152186_0.png|height=495,width=891!
Prior Year Equity Paid out in 2019
!pastedImage_d152186_1.png|height=529,width=891!
*Acceptance:*
Correct 1099 Form value appears
!http://jira.irelyserver.com/browse/Export/CRM/99a21e5c-0f01-4ad4-8f78-54fb759ef414.png!
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