W2 Mate® has a powerful 1099-B e-filing feature. Use the built-in electronic filing utility to create an electronic file that you can submit to the IRS through the FIRE system. Users can register with the IRS FIRE system and obtain a transmitter control code (TCC), then upload the 1099-B file. Electronically file an unlimited number of forms, no per form fees. Below are easy to follow steps to electronically file 1099-B Forms, Proceeds From Broker and Barter Exchange Transactions.
Note: Before you can file electronically with the IRS you need to obtain a TCC code (Transmitter Control Code). If you filed with the IRS electronically before, then you should already have a TCC code. If this is the first time you are filing electronically then you can easily obtain a TCC code by submitting Form 4419 to the IRS. You will need a TCC code to electronically file regardless of the software.
Make sure you have the correct Company open inside W2 Mate
Note: In order to use this feature you must purchase and enable W2 Mate Option #4 to electronically file
1. Click "E-Filing" from the top menu
2. Select "1099-B Forms"
This will open the Electronic Filing Transmitter Setup page
3. Complete all of the Transmitter and Company information fields
4. Enter the Contact Information
5. Click "What is Combined Fed/State and which states participate?" for additional information and to see if your state participates in the program
6. Check the Combined Fed/State program filing box if your state participates in the program and you want to include state data in your electronic submission file
Note: Combined Federal/State Program available for forms 1099-MISC, DIV, INT, OID, R, B & K
7. Select correct response to direct IRS on what to do if State/State ID box is empty from the drop down menu
8. Select "Browse" to select the location for the electronic file to be saved
9. Click "OK"
10. To open the folder when the file was saved, Click "Yes" on the pop up screen
Now log in to the IRS FIRE system website to upload your 1099-B electronic submission file
To access the IRS FIRE system website from inside W2 Mate:
11. Click "IRS & SSA Instructions" from the top menu
12. Click "Go to IRS FIRE System Website (1099 Electronic Filing)"
You will be re-routed to the IRS FIRE system website (http://fire.irs.gov), where you must log in to upload and submit the file you have created.
Note: Log into the IRS FIRE System Website. If you do not have a user name and password click “Create New Account” link and follow the instructions. If you have any questions regarding the IRS FIRE system website call (866)-455-7438.
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