January 2022 Revision of Publication 1220!

On February 28, 2022, the IRS published a new version of Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G For Tax Year 2021 (Rev. January 2022). Check out the January 2022 updates made to Pub. 1220 in Part E, Exhibit 2, Publication 1220 Tax Year 2021 Revision Updates.

Here are a few of the changes, but be sure to see the complete set on pages 161-163:

  • Throughout the Publication, file status "Good, Not Released" and "Good Released" are now combined into one status as "Good." Also, the status "Good, Federal Reporting" has been removed and is now "Good."

  • With respect to Information Returns Application for Transmitter Control Code (TCC), the text now includes that scanned, PDF, PNG, TIF, GIF, JPG, Word, Excel formats will not be accepted.

  • FIRE System Internet Security Technical Standards now includes that the FIRE Production and Test System server no longer supports Secure Socket Layer (SSL) 3.0 as one of the FIRE System's Internet Security Technical Standards. Transmitters using Internet Explorer 6.0 or lower may experience issues logging into this system. The Publication includes steps to connect and upload a file.

  • Update that Form 1099-K may be filed through the Combined Federal State Filing Program (CF/SF).

  • Update that Payee "B" Record - Record Layout Positions 544-750 for Form 1099-MISC, Field Position 548, General Field Description Enter "1" if there is a FATCA filing requirement - otherwise, leave blank.

  • Update that Payee "B" Record - Record Layout Positions 544-750 for Form 1099-NEC, 548-722 Blank Length to 175.

  • Updates Payee "B" Record - Record Layout Positions 544-750 for Form 1099-R, Codes 8 and N, Updated year in the Category field to 2021. Also, Code R, Updated the year in the Category field to "2020 and recharacterized in 2021."

  • With respect to Common Problems, where the filer sent a file that is in the "Good" status and wants to send a different file in place of the previous one, the text has been updated to include that the file also must be "within ten calendar days from the transmission of the file."

  • Throughout the document, where fire@irs.gov and irs.e-helpmail@irs.gov are mentioned, updated text to include "turn off any email auto-replies to these e-mail addresses."

Check out the January 2022 Revision of Pub 1220 here: https://www.irs.gov/pub/irs-pdf/p1220.pdf

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