IRS FIRE File Types
The IRS FIRE (Filing Information Returns Electronically) System supports various file types for electronically filing information returns. Below is an […]
November 28, 2024
How do I attain a TCC number for the IRS FIRE System?
The TCC is required for electronically filing information returns like Forms 1099, 1098, 5498, W-2G, and others through the IRS
What information should be entered in Box 6 (Identifiable event code), and how is it determined?
Box 6 on Form 1099-C (Cancellation of Debt) is used to report the identifiable event code, which indicates the specific
What are the different income codes for various types of U.S.-source income?
In the context of Form 1042-S, which reports U.S.-source income paid to nonresident aliens, there are various income codes used
What steps should a recipient take if they believe the Form 1099-NEC they received is incorrect?
If a taxpayer believes that the Form 1099-NEC (used to report nonemployee compensation) they received is incorrect, they should take