The IRS just released the application to apply for a Transmitter Control Code (TCC) to e-file Forms 1099 through the Information Returns Intake System (“IRIS”). You can access the application using the link below:
To be an authorized user, the individual must have an account and an e-Services PIN. An IRIS TCC can be obtained for:
Your business only (issuer)
Your business and others (transmitter)
* This TCC code is only applicable for the IRIS system and will NOT work for the FIRE system. Conversely, the FIRE system TCC code will not work for IRIS.
IRIS is the IRS’s new system allowing taxpayers to “prepare, file and distribute Forms 1099, and create and maintain tax records”. The system will also provide the ability to request an automatic extension for Form 1099 reporting, where automatic extensions are applicable.
Please stay posted for the Comply Exchange Year End Report, which will be issued later this week. In addition, be sure to follow Comply Exchange on LinkedIn and sign up for our newsletters so that you will receive notifications on our monthly updates and information reporting news covering.