SEC. 6. PAYEE — Internal Revenue Bulletin

SECTOR 2—FORMS 1098, 1099–DIV, 1099–G, 1099–INT, 1099–MISC, 1099–PATR, 1099–R AND 5498.

See Part F, Secs. 8, 9, 10, 11, 12 and 13 for field descriptions for Sector 2 of Forms 1099–A, 1099–B, 1099–C, 1099–OID, 1099–S and W–2G.

RECORD NAME: PAYEE ‘‘B’’ RECORD—Continued

SECTOR 2 (Continued)

Diskette Position Field Title Length Description and Remarks

1 Record Sequence

1 Required . Enter a ‘‘2’’ to sequence the sectors making up a payee record.

2 Record Type 1 Required . Enter ‘‘B’’

3–42 Payee Mailing Address

40 Required . Enter mailing address of payee. Street address should include number, street, apartment or suite number (or P. O. Box if mail is not delivered to street address). Left justify information and fill unused positions with blanks. This field must not contain any data other than the payee’s mailing address.

For U.S. addresses, the payee city, state, and ZIP Code must be reported as a 29, 2, and 9 position fields, respectively. Filers must adhere to the correct format for the payee city, state, and ZIP Code. For foreign addresses, filers may use the payee city, state and ZIP Code as a continuous 40 position field. Enter information in the following order: city, province or state, postal code, and the name of the country. When reporting a foreign address, the Foreign Country Indicator Field, Sector 1, position 162, must contain a ‘‘1’’ (one).

350 1995–2 C.B.

RECORD NAME: PAYEE ‘‘B’’ RECORD—Continued

SECTOR 2 (Continued)

Diskette Position Field Title Length Description and Remarks

43–71 Payee City 29 Required . Enter the city, town, or post office. Left justify information and fill unused positions with blanks. Enter APO or FPO if applicable. Do not enter state and ZIP Code information in this field.

72–73 Payee State 2 Required . Enter the valid U.S. Postal Service state abbreviation for the state or the appropriate postal identifier (AA, AE, or AP) described in Part A, Sec. 18.

74–82 Payee ZIP Code

9 Required . Enter the valid nine digit ZIP Code assigned by the U.S. Postal Service. If only the first five digits are known, left justify information and fill unused positions with blanks. For foreign countries, alpha characters are acceptable as long as the filer has entered a ‘‘1’’ (one) in the Foreign Country Indicator Field located in position 162 of Sector 1 of the ‘‘B’’ Record.

83–112 Blank 30 Enter blanks.

113–159 Special Data Entries

160–169 State Income Tax Withheld (Form 1099–R only)

170–179 Local Income Tax Withheld (Form 1099–R only)

180–181 Combined Federal/State Code

47 This portion of the ‘‘B’’ Record may be used to record information for state or local government reporting or for the filer’s own purposes. Payers should contact the state or local revenue departments for filing requirements. If this field is not utilized, enter blanks .

10 State income tax withheld is for the convenience of the filers. This information does not need to be reported to IRS. Payment amount must be right justified and unused positions must be zero-filled. If not reporting Form 1099–R, this field may be used as a continuation of the Special Data Entries field.

10 Local income tax withheld is for the reporting convenience of the filers. This information does not need to be reported to IRS. Payment amount must be right justified and unused positions must be zero-filled. If not reporting Form 1099–R, this field may be used as a continuation of the Special Data Entries field.

2 If this payee record is to be forwarded to a state agency as part of the Combined Federal/State Filing Program, enter the valid state code from Part A, Sec. 16, Table 1. For those payers or states not participating in this program, or for forms not valid for state reporting, enter blanks .

182–256 Blank 75 Enter blanks.

SEC. 7. PAYEE ‘‘B’’ RECORD — RECORD LAYOUTS FOR SECTORS 1 AND 2 OF FORMS 1098, 1099–DIV, 1099–G, 1099–INT, 1099–MISC, 1099–PATR, 1099–R, 5498 AND SECTOR 1 OF FORMS 1099–A, 1099–B, 1099–C, 1099–OID, 1099–S AND W–2G.

See Part F, Secs. 8, 9, 10, 11, 12 and 13 for the field descriptions and record layouts for Sector 2 of Forms 1099– A, 1099–B, 1099–C, 1099–OID, 1099–S and W–2G.

PAYEE ‘‘B’’ RECORD—RECORD LAYOUTS

Sector 1

RECORD SEQUENCE

RECORD

TYPE

PAYMENT

YEAR

SPECIFIC/ DISTRIBUTION

DOCUMENT

CODE

2ND TIN NOTICE (OPTIONAL)

1 2 3–4 5–6 7

1995–2 C.B. 351

PAYEE ‘‘B’’ RECORD—RECORD LAYOUTS—Continued

Sector 1 (Continued)

CORRECTED

RETURN INDICATOR

TAXPAYER IDENTIFICATION

NUMBER*

NAME CONTROL*

DIRECT

SALES INDICATOR

BLANK

TYPE

OF TIN*

8 9–12 13 14 15 16–24

PAYER’S ACCOUNT NUMBER FOR

PAYEE*

TOTAL DISTRIBUTION

INDICATOR

TAXABLE AMT NOT DETERMINED

INDICATOR

IRA/SEP INDICATOR

PERCENTAGE

OF TOTAL DISTRIBUTION

25–44 45 46–47 48 49

PAYMENT BLANK AMOUNT 1

PAYMENT AMOUNT 2

PAYMENT AMOUNT 3

PAYMENT AMOUNT 4

PAYMENT AMOUNT 5

50–51 52–61 62–71 72–81 82–91 92–101

PAYMENT AMOUNT 6

PAYMENT AMOUNT 7

PAYMENT AMOUNT 8

PAYMENT BLANK AMOUNT 9

FOREIGN COUNTRY INDICATOR

102–111 112–121 122–131 132–141 142–161 162

FIRST PAYEE

NAME

LINE*

SECOND

LINE*

PAYEE

NAME

BLANK

163–202 203–242 243–256

SECTOR 2 (See Note)

RECORD SEQUENCE

RECORD

TYPE

PAYEE MAILING ADDRESS

PAYEE

CITY

PAYEE

STATE

PAYEE ZIP CODE

1 2 3–42 43–71 72–73 74–82

LOCAL INCOME

TAX WITHHELD

(FORM 1099–R

ONLY)

STATE INCOME TAX WITHHELD

(FORM 1099–R

ONLY)

COMBINED

CODE

BLANK

SPECIAL

DATA ENTRIES

FEDERAL

STATE

83–112 113–159 160–169 170–179 180–181 182–256

Note: See Part F, Secs. 8, 9, 10, 11, 12 and 13 for field descriptions for Sector 2 of Forms 1099–A, 1099–B, 1099– C, 1099–OID, 1099–S and W–2G.

*When filing Form 1098, Mortgage Interest Statement, the ‘‘B’’ Record will reflect the individual paying the interest (the borrower/payer of record) and the amount paid.

352 1995–2 C.B.