SEC. 7. PAYEE ‘‘B’’ RECORD

GENERAL FIELD DESCRIPTIONS AND RECORD LAYOUTS

(1) FORMS 1098, 1099–DIV, 1099– G, 1099–INT, 1099–MISC, 1099– PATR, 1099–R, and 5498

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

Field Position Field Title Length Description

322–349 Blank 28 Enter blanks

350–396 Special Data Entries

397–406 State Income Tax Withheld (Form 1099–R only)

407–416 Local Income Tax Withheld (Form 1099–R only)

417–418 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. The 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 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 a 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 .

419–420 Blank 2 Enter blanks, or carriage return/line feed (cr/lf) characters.

PAYEE ‘‘B’’ RECORD—RECORD LAYOUT POSITIONS 322–420 FORMS 1098, 1099–DIV, 1099–G, 1099–INT, 1099–MISC, 1099–PATR, 1099–R, and 5498

LOCAL INCOME

TAX WITHHELD

(FORM 1099–R

ONLY)

STATE INCOME TAX WITHHELD

(FORM 1099–R

ONLY)

COMBINED

FEDERAL/

CODE

BLANK

SPECIAL

DATA ENTIRES

STATE

322–349 350–396 397–406 407–416 417–418

344 1995–2 C.B.

BLANK

419–420