Section 101. Schedule K-1 Processing›3.0.101 Schedule K-1 Processing
Section 01 Errors
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
This section provides instructions for correcting Section 01 error conditions.
Foreign Address see IRM 3.0.101.14.11.1.1.
General Information¶
Section 01 contains the payee entity data and is required for every record.
Listed below are the fields contained in Section 01 that applies to Schedules K-1 processing:
Field
Field Length
Title
01TIN
09
Payee Identification Number
01TVC
01
Primary TIN Validity Bypass Code
01NM1
40
Payee Name Line 1
01NM2
40
Payee Name Line 2
01ADD
35
Payee Street Address
01CTY
22
Payee City
01ST
02
Payee State Code
01ZIP
09
Payee ZIP Code
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