If a 1099 amount generated by RollMaster is incorrect — for example, if a payment was categorized incorrectly or non‑taxable portions were marked as taxable — you can adjust the taxable amounts before running 1099 reports. RollMaster allows you to update these amounts so the 1099s accurately reflect what should be reported to the IRS.
When to correct taxable amounts
You should correct taxable amounts when:
A payment was accidentally coded as taxable but should not be (or vice versa).
You discover an error in a subcontractor’s taxable earnings after posting payments.
You need to adjust cumulative taxable totals before preparing 1099 forms.
How to correct taxable amounts in RollMaster
Determine the correction amount
Review the 1099 Calculations report (found under AP Report Menu 2 of 2 → Print AP Form 1099) to identify the amount that requires adjustment.Create the adjustment in AP Open Item Maintenance
If the taxable amount needs to increase, create an Invoice.
If the taxable amount needs to decrease, create a Credit Memo.
Use the year-end date for the transaction.
The taxable amount entered will be the change in the taxable amount on the 1099.
You do not need to distribute the GL.
Verify the correction
Re-run the 1099 Calculations report to confirm that the totals now reflect the corrected taxable amounts.
📌 Correcting taxable amounts before processing 1099s prevents incorrect IRS filings and reduces the need for later corrections or amended forms.