Hello all,
Please take note, as of 12/8/2020 . . .
…we have updated Escape Production to v20.04 Regulatory
* 1099 Processing – The 2020 1099 snapshots, reports, and forms have been updated to the current year. In addition, the logic for processing 1099s has been updated to correctly attribute amounts to the appropriate form: 1099-MISC or 1099-NEC.
* ACA Processing – The 2020 ACA snapshot and report have been updated to the current year IRS regulations. The 1095-C has been updated to comply with the new requirements for ‘Age on January 1’, Employee Zip Code, and Plan Start Month.
* W2 Processing – The 2020 W2 snapshot, report, and form have been updated to the current year. In addition, if an employee has more than four Box 12 or 14 categories, a second W2 will be printed automatically.
While in Escape, click on Online Resources>Release Information>Escape Online 20.04 Release Notes to review this release.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
Please do not reply to this message.
Replies to this message are routed to an unmonitored mailbox.
