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Re-extracting 1099 data

Explains when you need to re-extract 1099 data.

Updated this week

You need to re-extract 1099 data in case of the following:

  • You changed the 1099 payer from owner to management company, or from management company to owner

  • You extracted data for the wrong year

  • You changed any of the following (1099-NEC/MISC only):

    • Gets field on the Tax Info tab of the Vendor screen

    • Exclude from 1099 field on the Payable screen

    • 1099 Exempt checkbox on the G/L Account screen

    • GL account for Federal Income Tax Withholding, Rent Expense, or Gross Proceeds Paid to An Attorney

    • Invoice within the tax year

    • Check (add, void, erase, change check number, change check date) within the tax year

    • Owner information on the Ownership screen

    • Vendor 1099 Payer on the Ownership screen

You do not need to re-extract 1099 data for changes to the following, because Voyager does not obtain this information from the 1099 data table:

  • Vendor name, address, city, state, ZIP Code, federal tax name, or Taxpayer Identification Number

  • Owner name, address, city, state, ZIP Code, federal tax name, or Taxpayer Identification Number

  • Property-management company’s name, address, city, state, ZIP Code, federal tax name, or Taxpayer Identification Number

  • Transmitter’s name, address, city, state, ZIP Code, federal tax name, or Taxpayer Identification Number

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