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Why aren zero amounts printing on Forms 1098 and 1099?

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Why aren zero amounts printing on Forms 1098 and 1099?

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Unless you are printing correction returns, IRS suggests leaving zero amount fields blank. The following excerpt from IRS General Instructions for Forms 1099, 1098, 5498, and W-2G clearly states this, “Do not enter 0 (zero) or ‘None’ in money amount boxes when no entry is required. Leave the boxes blank unless the instructions specifically require that you enter a 0 (zero). For example, in some cases, you must enter 0 (zero) to make corrections…” NOTE: If you insist on printing zeros rather than blanks, select ‘Desktop’ from the ‘Preferences’ menu and uncheck ‘Suppress Zeros When Printing’.

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