Real-Life Case Studies: Reporting with Form 1099-B
Understanding how to report transactions using IRS Form 1099-B is crucial for taxpayers engaged in trading securities or cryptocurrencies. Here […]
blog
blog
8027 Software: Allowable Characters
Publication 1239 says: Allowable characters are alphas, numerics, and blanks. What this means is that characters such as ! or
blog
8966 FATCA Software: Efiling a nil report?
Nil means zero. An 8966 nil report is when the financial institution or filer has no accounts. The financial institution
blog
How to find non-ascii characters in a file?
The IRS only likes ASCII characters. ASCII stands for American Standard Code for Information Interchange. The first 128 characters are
blog
ACA: How to code section 16 for employees who did not enroll in coverage
The key to coding section 16 is understanding that it is directly related to the codes that reside in section
blog
Form 1098-T for 2016 : Student’s Taxpayer Identification Number
Colleges and universities use IRS Form 1098-T to report amounts relating to qualified tuition and related expenses. The IRS imposes
blog
1099 Software: How can I print multiple lines for a name or an address?
The vertical pipe or | represents carriage return. Lets consider this example: National Software Incorporated DBA 1099FIRE 7 North Pinckney
blog
1099 Software: How can I align the data to print perfectly on the red-ink forms?
The red-ink forms are free and typically have a perforated edge and additional form copies attached. The additional forms are
blog
Do I need multiple TCC numbers to efile 1095 forms?
No. You need one transmitter control code or TCC number in order to efile any number of 1095-B and/or 1095-C
blog
AIRER602 Payload attachment error (MTOM) – unable to read the attachment
We received this error when efiling ACA data: AIRER602 Payload attachment error (MTOM) – unable to read