Thanks for letting us know, MichaelB60.
For tax year 2022, a new field labeled "For calendar year" was added to the 1099 form. Only the last two digits of the year must be printed in this field, however QuickBooks is currently publishing the entire four-digit year. This is working as designed.
My colleague is correct. The IRS still accepted the dates formats of 22, 2022, or 202022. Even though the date appears to be a six-digit number, all red writing is invisible to the IRS scanning scanners that process these forms, so it will only see the 2022 printed.
As an alternative, you'll have the option to manually fill out the forms if you don't like the way it looks.
I've added this link for the Publication 1179 in page 11 which mentions the requirement for substitute IRS forms to use Red "dropout" ink for more information: https://www.irs.gov/pub/irs-pdf/p1179.pdf.
You can also review this guide to help you prepare and print your 1099 form in QuickBooks Desktop: Print your 1099 and 1096 forms.
If you need anything else, don't hesitate to post again. We're help to assist you anytime.
