Boxes on the 1099 Form

Void - SherWare will not place anything in this box.
Corrected - SherWare will print an "X" in this box IF the "Corrections" option is marked when you print the 1099 form.
Payer's name, street address, city, state, ZIP code, and telephone no. - All of this information is pulled from the company information window. If you build/print the 109s by well then the payer's name will be replaced with the name of the well.
Payer's federal identification number - Pulled from the Tax ID number field of the company information window. If you build/print the 109s by well then this will be replaced with the ID specified in the "Account" field located on the options tab of the well information window.
Recipient's identification number - Specified on the codes tab of the owner information window, or the Vendor information window.
Street Address - Specified on the Address tab of the owner information or vendor information for the respective entity. For DMIE users the vendors will be specified in the QuickBooks Vendor center.
City, State, and ZIP code - Specified on the Address tab of the owner information or vendor information for the respective entity. For DMIE users the vendors will be specified in the QuickBooks Vendor center.
Account Number - The owner ID or Vendor ID specified on the owner/vendor information window.
2nd TIN not - SherWare will not place anything in this box.
1 Rents - Delay Rental payments made to individuals from the Land Module will report in this box.
2 Royalties - The amount paid to both Override and Royalty Interest owners will be reported in this box
3 Other income - SherWare will not calculate anything for this field. If you need to report an amount in this field you can manually add it on the update 1099 file window and it will then print on the 1099 in this box.
4 Federal income tax withheld - Any amounts charged to an owner from the backup withholding specified on the options tab of the owner information window will be reported in this box.
7 Nonemployee Compensation - The amount paid to both Working Interest owners and vendors will be reported in this box.
14 Gross proceeds paid to an attorney - SherWare will not calculate anything for this field. If you need to report an amount in this field you can manually add it on the update 1099 file window and it will then print on the 1099 in this box.
16 State tax withheld - Any amounts charged to an owner from the tax withholding specified on the division of interest window will be reported in this box.
17 State and State Payer No - If state income or state tax is withheld, this field reports the state that the well is in as well as your State Payer No. The State Payer no is defined on the window of the same name under the 1099 reporting menu.
18 State Income - The state income earned by this recipient for the corresponding state.
5, 6, 8, 9, 10, 11, 12, 13, 15a, 15b - SherWare will not place anything in these boxes.