Client Master (General Information)

Corporate - Contacts - State ID - W-2 Setup - 1098 Setup

Account Ability uses the information entered in the Filer's Name, Address, and Identification groups when printing Information Returns and Annual Wage Reports.

Client Master - General Page

Filer's Name Group

Name line 1 is required; Name line 2 is optional. If you need to specify a Transfer (or Paying) Agent, use name line 2 and check the Transfer Agent indicator.

Filer's Name Control

The Filer's Name Control can be obtained only from the mail label on the Package 1099 that is mailed to most payers each December. Package 1099 contains Form 7018–C, Order Blank for Forms, and the mail label on the package contains a four (4) character name control. If a Package 1099 has not been received, you can determine your name control using the following simple rules or you can leave the field blank. For a business, use the first four significant characters of the business name. Disregard the word "the" when it is the first word of the name, unless there are only two words in the name. The only acceptable special characters are the dash (-) and the ampersand (&).

Filer's Address Group

Address line 1 must contain a delivery address (number, street, or Post Office Box). Address line 2 can contain an optional location address (room number, suite, or attention to). For domestic addresses, enter a City, State, Zip code, and optional Zip code extension.

Notes

Identification Group

Indicate your client's taxpayer identification number (TIN), optional routing and transit number (RTN), and optional office code. Make sure that the TIN Type field contains the correct TIN qualifier (EIN=Employer Identification Number, SSN=Social Security Number, or N/A=Not Available).

Note

The following mutually exclusive indicators are specific to Form 1099-K:

For more information, see the IRS Instructions for Form 1099-K.

Indicators Group

Combined Fed/State Filer

Electronic filers participating in the Combined Federal/State Filing Program (CF/SF) should check this indicator. If checked, Account Ability automatically includes CF/SF reporting information for recipients residing in participating states. IRS/IRB forwards this information to participating states free of charge for approved filers, thus eliminating the need for separate state reporting.

Notes

Corrected Returns Only

Indicates a Correction Client, one that is used strictly for the purpose of correcting Information Returns.

Final Return

Indicates that this is the last year for filing Information Returns.

Terminating Business

Indicates that this filer has terminated business during the 2020 calendar year.

Filer Is Not Active

Indicates that this filer will not be active for the 2020 reporting year, but may be active in the future.

Note