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IRS QAAMS: New Sign-In Options

On October 3, 2022, the IRS announced that it will soon transition the Qualified Intermediary, Withholding Foreign Partnership, Withholding Foreign Trust Application and Account Management System (QAAMS) to a new sign-in system. The new system will require new users to register or sign-in with ID.me, the current IRS credential service provider.

At this time, existing users do not need to take any action. Until further notice, QAAMs users with an active IRS username may continue to sign-in after the transition. New users will be required to create an ID.me account prior to accessing QAAMS. As part of the account creation process, the user will need to verify an email address, create a password, and set-up multi-factor authentication in order to secure an account.

Here’s what the IRS published:

New Sign-In Options for Users Coming in Fall 2022

In order to better secure taxpayer data and IRS systems, the IRS is updating its login procedures on a number of online applications. The IRS will soon transition the Qualified Intermediary, Withholding Foreign Partnership, Withholding Foreign Trust Application and Account Management System (QAAMS) to a new sign-in system that requires new users to register or sign in with ID.me, the current IRS credential service provider.

Existing users don’t need to take any action at this time. QAAMS users with an active IRS username may continue to sign in after the transition until further notice. In the future, existing users will be required to use the new sign-in system to access QAAMS.

New users will be required to create an ID.me account prior to accessing QAAMS. The account creation process will include verifying an email address, creating a password, and setting up multi-factor authentication to secure their account. ID.me will provide several ways in which an applicant can obtain a multi-factor authentication code, including obtaining a code by receiving a phone call or text message. Users will then consent for ID.me to share their email address with the IRS before accessing QAAMS.

Click here to read the full announcement:

https://content.govdelivery.com/accounts/USIRS/bulletins/32fe614

IRS QAAMS: New Sign-In Options

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This document contains general information only and is not a substitute for accounting, tax, or any other professional advice or services. The information provided is considered accurate at the time of publishing and will not be updated with new regulation requirements.

Form 1099-K: IRS Updates to FAQ’s

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