IRS Extract

Overview of IRS04

The IRS Extract allows your organization to generate the files needed to electronically report 1099 information to the IRS.

Traditionally, the payee information should have been loaded into the IRS system when your organization completed year end processing. The following reports allow you to update the IRS system:

• IL276 - Generate 1099 Statements
• IL272 - Generate 1099R Statements
• IL273 - Generate 5498 Statements
• AP34 - Vendor Listing by 1099 Type

If these reports were not run at year end, or they were generated but the IRS information was not updated, you can generate them again to load the IRS information.

Once the information has been loaded into the IRS Reporting system, you can generate the IRS data file. To do so:

• From the DDI Connect main menu, double-click IRS Reporting System
• Double-click Reports
• Double-click IRS Extract. The parameters screen will launch:

You have the following fields available to you:

Field	Description
Tax year	Example
Form code	Example
Payer	Example
Transmitter	Example
State	Example
Only include records which have state tax withheld	Example
AIC include	Example
AIC exclude	Example
File Mode	Example
Test count	Example
Extract filename	Example