Fund News and Alerts

1. Once the 1099 is displayed, you have the option to print the 1099 either with the property address or the legal description. To print the 1099 with the legal description, you will click the Use Legal button in the secondary row of buttons (2nd tool bar). This now displays the legal description.
   
   
   Creating a 1099-S

1. From the 1099 module, highlight the first 1099 record in the single line summary view.
2. Then click the view record button to display the 1099 record. This will display the record, you can now change the gross proceeds to the amounts needed for this seller.
3. Once this is complete, click the view record button on the secondary row of buttons (2nd tool bar). This will bring you back to the single line summary view to select the next 1099 record.
4. Click the view record button again to display the second 1099 record. You can now make your changes to the gross proceeds.
5. Once all information is entered, click the save button to save your changes.

1. Once the 1099 form is displayed, click the File and select the Save As option. The Save As window appears.
2. You can now select the type of 1099 (Copy B or Copy C) you wish to save to your computer and click ok.
3. The Save Document Image window now appears and you can now select the location to save your 1099 document to your computer.

1. From the 1099 module, highlight the 1099 record in the single line summary view that you want to delete.
2. Click the delete icon located on the secondary row of buttons (2nd tool bar). This record is now deleted from the 1099 module.

1. When an exclamation point is displayed in the first column it is an alert that data is missing from the record. Please view the 1099 record to ensure all data has been entered.
2. Click the exclamation point and click the ok button. This should remove the exclamation point.
   
   
   Correcting the Year-End Maintenance Report

1. When an exclamation point is displayed in the first column it is an alert that data is missing from the record. Please view the 1099 record to ensure all data has been entered.
2. Click the exclamation point and click the ok button. This should remove the exclamation point.
   
   
   Correcting the Year-End Maintenance Report

TCC stands for Transmission Control Code.

DoubleTime Introduction

If you will be sending your 1099-S records electronically to the IRS, you are required to receive a Transmission Control Code (TCC) number. This number can be obtained by submitting an IRS-Form 4419. The form can be acquired from www.IRS.gov. You can either return the form by mail to the Internal Revenue Service, Information Returns Branch, 230 Murall Drive, Kearneysville, West Virginia 25430 or by faxing the form to 877-477-0572.

DoubleTime Introduction

Please contact the IRS for an answer to this question or browse to: http://www.irs.gov/instructions/i1099s/index.html

If you will be sending your 1099-S records electronically, you are required to receive a Transmission Control Code (TCC) number from the IRS. For additional information, please contact the IRS for an answer to this question or browse to: http://www.irs.gov/instructions/i1099s/index.html

DoubleTime Introduction