How do you adjust the 1099 Address on a VCM?

How do you adjust the 1099 Address on a VCM?

Answer

To change the 1099 Address on a VCM, please follow the steps below.

1.      Create a new VCM from the Document Catalog

2.    Go to the 1099 Line on the VCM

3.    Insert a line

4.    Select “Load Values”

5.    Mark Line Action “Modify”

6.    Click on the “Modify Existing Taxpayer Tab”

7.    Select the green pick arrow in the “Existing Taxpayer ID Number” Field

8.    Search the vendor you are looking for using the *legal*name* search

9.    Select the number you are looking

10.  Select the “Taxpayer Information” Tab

11.  Enter the new address information

12.  Validate and Submit