Account Number on Information Returns is Required

In order to remain Fully IRS compliant, the 2023 software will require "Account Number" for various Tax Forms. Forms 2023 1099-DIV, INT, and R

Not this tax season: (1097, 1098, 1099, 3921, 3922, 5498, and W-2G)



Note: Each Tax Form MUST have it's own unique "Account Number" and 20 max characters 


Historically, the account number has been required if you have multiple accounts for a recipient for whom you are filing more than one of the same form type. For example, if an issuer has three separate pension distributions for the same payee and three separate Forms 1099-R are filed; three separate unique account numbers are required.  Also, the IRS requires the account number if you check the "FATCA filing requirement" checkbox.


With the lower threshold announcement T.D.9972, the IRS also released new specifications for filing corrected returns electronically. Publication 1220 has the details but long story short, for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G, an account number must appear on the initial form and the number must match up to the one on the corrected form for the IRS to identify and process corrected forms properly.


As result of these enhanced requirements from the IRS, moving forward our efile platform will require the issuer to assign an account number on all original information return form types including Forms 1097, 1098, 1099 and W-2G. 


Here are some helpful tips to creating an account number –

  • An issuer’s account number for the payee may be a checking account number, savings account number, serial number, or any other number assigned to the payee by the issuer that will distinguish the specific account.
  • This number must be unique for each information return of the same type for the same payee.
  • A payee’s account number may be given a unique sequencing number, such as 01, 02 or A, B, etc., to differentiate each reported information return.
  • Don’t use the payee’s TIN since this will not make each record unique. This information is critical when corrections are filed.
  • The account number can be any combination of no more than 20 alpha, numeric, or special characters but must not contain any spaces. 



Please reference for more information (Page 16) >

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