☛ Note: If you are required to report payments made through Foreign Intermediaries and…

Entities on Form 1099, see the 2002 General Instruction for Forms 1099, 1098, 5498 and W–2G beginning on page 13 for reporting requirements. 21–40 Payer’s Account Num- 20 Enter any number assigned by the payer to the payee (e.g., checking ber For Payee or savings account number). Filers are encouraged to use this field.

20 Enter any number assigned by the payer to the payee (e.g., checking or savings account number). Filers are encouraged to use this field. This number helps to distinguish individual payee records and should be unique for each document. Do not use the payee’s TIN since this will not make each record unique. This information is particularly useful when corrections are filed. This number will be provided with the backup withholding notification and may be helpful in identifying the branch or subsidiary reporting the transaction. Do not define data in this field in packed decimal format. If fewer than twenty characters are used, filers may either left or right-justify, filling the remaining positions with blanks.

41–44 Payer’s Office Code 4 Enter office code of payer; otherwise, enter blanks. For payers with multiple locations, this field may be used to identify the location of the office submitting the information return. This code will also appear on backup withholding notices.

45–54 Blank 10 Enter blanks

Payment Amount Fields Required. Filers should allow for all payment amounts. For (Must be numeric) those not used, enter zeros . Each payment field must contain 12

numeric characters. Each payment amount must contain U.S. dollars and cents. The right-most two positions represent cents in the payment amount fields. Do not enter dollar signs, commas, decimal points, or negative payments, except those items that reflect a loss on Form 1099-B . Positive and negative amounts are indicated by placing a “+” (plus) or “-” (minus) sign in the left-most position of the payment amount field. A negative over punch in the units position may be used, instead of a minus sign, to indicate a negative amount. If a plus sign, minus sign, or negative over punch is not used, the number is assumed to be positive. Negative over punch cannot be used in PC created files. Payment amounts must be rightjustified and unused positions must be zero-filled. 55–66 Payment Amount 1* 12 The amount reported in this field represents payments for Amount Code 1 in the “A” Record. 67–78 Payment Amount 2* 12 The amount reported in this field represents payments for Amount Code 2 in the “A” Record.

79–90 Payment Amount 3* 12 The amount reported in this field represents payments for Amount Code 3 in the “A” Record. 91–102 Payment Amount 4* 12 The amount reported in this field represents payments for Amount Code 4 in the “A” Record. 103–114 Payment Amount 5* 12 The amount reported in this field represents payments for Amount Code 5 in the “A” Record.

June 24, 2002 1252 2002–25 I.R.B.

Record Name: Payee “B” Record (Continued) Field Position Field Title Length Description and Remarks

The amount reported in this field represents payments for Amount 115–126 Payment Amount 6* 12 Code 6 in the “A” Record.

The amount reported in this field represents payments for Amount 127–138 Payment Amount 7* 12 Code 7 in the “A” Record.

The amount reported in this field represents payments for Amount 139–150 Payment Amount 8* 12 Code 8 in the “A” Record.

The amount reported in this field represents payments for Amount 151–162 Payment Amount 9* 12 Code 9 in the “A” Record.

The amount reported in this field represents payments for Amount 163–174 Payment Amount A* 12 Code A in the “A” Record. 175–186 Payment Amount B* 12 The amount reported in this field represents payments for Amount Code B in the “A” Record. 187–198 Payment Amount C* 12 The amount reported in this field represents payments for Amount Code C in the “A” Record.

• If there are discrepancies between the payment amount fields and the boxes on the paper forms, the instructions in this Revenue Procedure govern.

199–246 Reserved 48 Enter blanks.

247 Foreign Country Indicator

1 If the address of the payee is in a foreign country, enter a “1” (one) in this field ; otherwise, enter blank. When filers use this indicator, they may use a free format for the payee city, state, and ZIP Code. Enter information in the following order: city, province or state, postal code, and the name of the country. Address information must not appear in the First or Second Payee Name Line.

248–287 First Payee Name Line 40 Required . Enter the name of the payee (preferably surname first) whose Taxpayer Identification Number (TIN) was provided in positions 12–20 of the “B” Record. Left-justify and fill unused positions with blanks. If more space is required for the name, use the Second Payee Name Line Field. The names of any other payees may be entered in the Second Payee Name Line Field. If reporting information for a sole proprietor, the individual’s name must always be present, preferably on the First Payee Name Line. The use of the business name is optional in the Second Payee Name Line Field. End the First Payee Name Line with a full word. Use appropriate spacing. Extraneous words, titles, and special characters (i.e., Mr., Mrs., Dr., period, apostrophe) should be removed from the Payee Name Lines. This information may be dropped during subsequent processing at IRS/MCC. A dash (-) and an ampersand (&) are the only acceptable special characters.