Phase 2 of the Information Returns (IR) Application for Transmitter Control Code (TCC) Transition

On June 16, 2022, the IRS provided an update on the transition to the new Information Returns Transmitter control code (IR-TCC) Application for Filing Information Returns Electronically (FIRE) for customers who received their TCC(s) prior to September 26, 2021. Beginning in September 2022, FIRE TCC holders who submitted their TCC Application prior to September 26, 2021, will need to submit and complete the IR-TCC Application. The application can be done at any time between September 2022 and August 1, 2023. Any FIRE TCC that does not have a completed IR-TCC Application by August 1, 2023, will be dropped and will not be available for e-file.

Here’s a snippet of what included in the update:

What’s new?

On September 25, 2022, FIRE TCC holders who submitted their TCC Application prior to September 26, 2021, must complete and submit a new application. The IR Application for TCC should be done before August 1, 2023. Your TCC will remain active for use until August 1, 2023. Upon completion of your application, active TCCs assigned prior to September 26, 2021, will be added to your application. After August 1, 2023, any FIRE TCC without a completed application will not be available for e-file.

IR Application for TCC

The IR Application for TCC is an online tool that allows small, mid-size and large businesses, fiduciaries and state and federal agencies to request a TCC to electronically file information returns through the FIRE System.  The IR TCC:

  • Automates the TCC application process.
  • Speeds TCC application processing.
  • Allows responsible officials to manage their application, add and remove authorized users, view their TCC, and request additional TCCs.
  • Provides consistent application experience across the electronic filing products.

Filing Information Returns Electronically (FIRE) system

  • FIRE is the online tool used to transmit information returns and automatic extension requests to the IRS.
  • Filers, including corporations, partnerships, employers, estates, and trusts, who file 250 or more Forms 1097, 1042-S, 1098, 1099, 3921, 3922, 5498, 8027, 8955-SSA or W-2G for any calendar year must file their information returns electronically.
  • Before filers can use FIRE, they must get a TCC by completing an IR Application for TCC, formerly Form 4419, Application for Filing Information Returns Electronically.
  • The TCC is a 5-digit code that identifies the business transmitting the electronic returns.

Steps for new FIRE TCC applicants

The new IR Application for TCC is available on the FIRE page.

  • Log into the IR Application for TCC.
  • Validate your identity.  If you have an ID.me account from a state government or federal agency, you can sign in without verifying your identity again. If you’re a new user, you’ll have to create a new ID.me account or use your existing IRS username to access the IR Application for TCC.
  • You will be prompted to create a 5-digit PIN to sign the application if you haven’t already done so.
  • Complete the online application.

Click here to find out more information about the application process:

https://www.irs.gov/tax-professionals/fire-system-update-improving-the-process-and-security-for-information-return-ir-application-for-transmitter-control-code-tcc

Make sure to follow Comply Exchange for more industry updates and subscribe to the Comply Catch-up for a full industry round-up at the end of each month!

Phase 2 of the Information Returns (IR) Application for Transmitter Control Code (TCC) Transition

Join Our Mailing List

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.

The Latest Updates

Comply Connect June 2024 – Issue 12

A final list of CRS reportable jurisdictions was published by the Bahamas Competent Authority. The list did not include any changes to previously reported reportable jurisdictions.

Key Takeaways from the EEI International Tax & Information Reporting Conference

The 2024 International Tax & Information Reporting Conference held in New York City last week brought together leading experts and industry professionals to discuss the latest trend...

Comply Connect May 2024 – Issue 11

On June 5, 2024, the International Tax Authority (“ITA”) of the British Virgin Islands is hosting a live seminar for custodial institutions, depository institutions, and specified insurance companies subject to the reporting requirements under CRS. Registration closes on May 31, 2024.

Collection & Validation Strategies for Efficient Tax Compliance

As the dust settles on another tax year, it's time for businesses to shift their focus from filing returns to strategic planning and compliance readiness for the year ahead.