Ever since the Illustrator 2020 update my layer options panel now only shows "show" and "lock" switches. Is there another place I can turn off layers for print with the same function that button had? Attached show old option panel and new option panel.
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Please make a layer active to see the layer options. Your second screenshot shows the options of a selected item --> a linked file.
IMHO print or no print is only available for layers and sublayers - but not for items.