Why is there a difference between Net PS YTD and 1099 PS YTD

• The PS YTD is the amount of Profit Share calculated this year.
• The 1099 PS is the amount of PS deposited for that calendar year.

Since the profit share calculated from the December data of the prior year is deposited (received) in the next year, that amount goes on the following year's 1099. For example, the December 2010 PS (deposited in January 2011) will be on the 2011 PS 1099.