☛ Note 1: See the 2002 General Instructions for Forms 1099, 1098, 5498, and W–2G for…
Internal Revenue Bulletin 2002-25 · 2026-10-03 edition · updated 2026-10-04 · United States
lations affecting corrections and related penalties.
File layout two step corrections
Transmitter
“T” Record
Payer
“A” Record
“G” coded Payee “B”
Record
End of Payer “C”
Record
Payer
“A” Record
“C” coded Payee “B”
Record
“C” coded Payee “B”
Record
“G” coded Payee “B”
Record
End of
Payer
“C” Record
End of Transmission
“F” Record
One transaction is required to make the following corrections properly (See Note 2).
June 24, 2002 1218 2002–25 I.R.B.
Guidelines for Filing Corrected Returns Electronically/Magnetically (Continued) Error Made on the Original Return How To File the Corrected Return 2. Original return was filed with one or more of the A. following errors: this new file.
A. Prepare a new Form 4804 that includes information relating to
errors: this new file.
(a) Incorrect payment amount codes in the
B. Mark “Correction” in Block 1 of Form 4804. Payer “A” Record
(b) Incorrect payment amounts in the Payee “B”
C. Prepare a new file. The first record on the file will be the
Record Transmitter “T” Record.
(c) Incorrect code in the distribution code field D. Make a separate “A”
Record
in the Payee “B” Record (d) Incorrect payee address (e) Incorrect Direct sales indicator
D. Make a separate “A” Record for each type of return and each
payer being reported. Information in the “A” Record may be the same as it was in the original submission. However, remove the “1” in Field Position 48 and set the Correction File Indicator (Field Position 50), to “1” (one). E. The Payee “B” Records must show the correct record informa tion as well as a Corrected Return Indicator Code of “G” in Field Position 6. F. Corrected returns submitted to IRS/MCC using “G” coded “B”
Records may be on the same file as those returns submitted without the “G” coded “B” Records; however, separate “A” Records are required .
G. Prepare a separate “C” Record for each type of return and each
payer being reported.
H. The last record on the file will be the End of Transmission “F”
Record.
I. Indicate “Correction” on the external media label.
File layout one step corrections
Transmitter
“T” Record
Payer
“A” Record
“G” coded Payee “B”
Record
“G” coded Payee “B”
Record
End of Payer “C”
Record
End of Transmission
“F” Record
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