IRS FIRE File Types
The IRS FIRE (Filing Information Returns Electronically) System supports various file types for electronically filing information returns. Below is an […]
1099 Forms
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 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
Does a transmitter control code expire?
Yes, a transmitter control code (TCC) issued by the IRS can expire, but it depends on the specific usage and
The data is not coded with a ‘G’ or ‘C’ in position 6 of the ‘B’ record(s).
The full error is: You have identified your file as a correction; however, the data is not coded with a
Form 1099-MISC ‘B’ records containing tax withheld appears excessive in relation to the income amounts reported.
If Form 1099-MISC ‘B’ records show tax withholding amounts that appear excessive in relation to the income amounts reported, this
‘B’ record(s) contains non-numeric characters in the Payment Amount Fields.
If a ‘B’ record in your IRS electronic filing submission contains non-numeric characters in the Payment Amount Fields, this is
Late 1099 originals
Steps to Handle Late 1099 Filings: 1. File as Soon as Possible: Even if the filing deadline has passed, submit
Difference between 1-step and 2-step corrections
1-Step Correction A 1-step correction is a direct correction of the original error in a single submission. This typically occurs