Difference between revisions of "IRS Payer Setup"
Jump to navigation
Jump to search
| Line 26: | Line 26: | ||
! '''Field''' !! '''Description''' | ! '''Field''' !! '''Description''' | ||
|- | |- | ||
| − | | '''Tax ID''' || | + | | '''Tax ID''' || Enter the Tax ID for the payer. This is a required field |
|- | |- | ||
| '''Combined filer?''' || Example | | '''Combined filer?''' || Example | ||
| Line 34: | Line 34: | ||
| '''Filed last year?''' || Example | | '''Filed last year?''' || Example | ||
|- | |- | ||
| − | | | + | | '''Name 2''' || Example |
|- | |- | ||
| − | | | + | | '''Transfer agent?''' || Example |
|- | |- | ||
| − | | | + | | '''Address''' || Example |
|- | |- | ||
| − | | | + | | '''City''' || Example |
|- | |- | ||
| − | | | + | | '''State''' || Example |
|- | |- | ||
| − | | | + | | '''Zip''' || Example |
|- | |- | ||
| − | | | + | | '''Contact phone''' || Example |
|- | |- | ||
| − | | | + | | '''Control name''' || Example |
|} | |} | ||
Revision as of 13:35, 28 March 2012
Overview of IRS07
With regard to the IRS, the Payer is the organization that paid the interest to the payees. At least one Payer must be set up in order to generate reports from the IRS Reporting System.
- From the DDI Connect main menu, double-click IRS Reporting System
- Double-click Setup
- Double-click Payer Setup. You will see a screen similar to this one:
To add a new Payer record, click the New button on the toolbar. The fields will now enable for editing:
You have the following fields available:
| Field | Description |
|---|---|
| Tax ID | Enter the Tax ID for the payer. This is a required field |
| Combined filer? | Example |
| Name 1 | Example |
| Filed last year? | Example |
| Name 2 | Example |
| Transfer agent? | Example |
| Address | Example |
| City | Example |
| State | Example |
| Zip | Example |
| Contact phone | Example |
| Control name | Example |
