W2 Mate® offers a 1099-INT tax forms electronic filing feature. Use our powerful electronic filing utility to create submission files for 1099-INT forms, Interest Income. Our 1099-INT program generates a file that you can submit to your IRS FIRE system account. The generated file is formatted based on IRS Publication 1220. This e-filing feature eliminates the need to purchase IRS required 1099-INT Copy A and 1096 tax forms. Financial institutions of all sizes can benefit with this option. This tutorial shows the steps to create the electronic submission file.
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-INT 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-INT 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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