State Magnetic Media 1099 File

This option will produce a magnetic media file of 1099s that can be filed with the state. Choose the year the 1099s are for and the diskette drive the file will be saved on.

State
Select the state you want to create the magnetic media file for.

Accounting Year
The accounting year the 1099s are for.

Beginning/Ending ID
The range of owner or vendor IDs included in the range for the report. If both owners and vendors have been chosen, this will be 'First' and 'Last.'

TCC
The taxpayer code assigned to the producer company for transmitting 1099s electronically or magnetically. This number must be applied for and received from the IRS.

File Location
The location that you would like the magnetic file saved to. The file name will be IRSTAXOH.001. OH representing the state that the file is created for.

Mark Records as Corrected 1099s
If selected, each record created will be marked as a correction.

Once you create the file it will be saved in the location you specified with a filename of "IRSTXOH.001". OH in this example is for Ohio, but those two characters (OH) will change depending on the state. If you are creating a magnetic file for multiple companies and saving them in the same location you will want to modify the name of the first one before you create the second one so that it doesn't overwrite it.