1099 Software Video - Mark Recipients Corrected
This video details how to mark recipients as corrected in the E-File Magic 1099 Software. It's only necessary to mark a recipient as corrected if you wish to file a correction with the IRS. Typically the only time you would utilize the mark corrected process is after you have transmitted your data to E-File Magic for processing and submission to the IRS on your behalf.
In this video I'll be detailing how to mark recipients as corrected. It's necessary to mark recipients as corrected after I transmitted my recipient data to E-File Magic for processing and transmission to the IRS. This is different from simply editing a recipient in order to change recipient information that has already been transmitted for processing. I must navigate to Manage Recipients screen select the recipient record that requires a correction and click on the "Marked Corrected" button I can adjust then adjust information for instance, I'm going to say instead of $960 in box three for Other Income I really intended to report of $750 for Other Income and click Save. At this point I now created a pending correction in the E-File Magic Software. Don't forget, once you've created a pending correction in the E-File Magic Software, you still need to validate that correction as you did initially when you're preparing your recipient data. And you also need to transmit the correction for processing by E-File Magic. This concludes the video for Correcting Recipients in E-File Magic.
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1099-Software Features Include:
- Print forms to blank paper!
- No software licensing fees for using our software. You pay only for the services we provide!
- Database level encryption support: Protect your sensitive recipient information using the Department of Defense approved AES256 algorithm!
- Support for ALL 1097-BTC, 1098, 1099, 5498, 3921, 3922, and W-2G forms
- Print and Mail Services Available
- IRS Copy A and 1096 Not Required
- Requires E-Filing with Our Service Bureau
- No need to apply for TCC number using our system
- Import E-File Magic 2010 Recipients to avoid reentry!
- Multi-User support for operating in an Active Directory or workgroup environment.
- Supports filing years 2007, 2008, 2009, 2010 & 2011
- Printable forms support industry standard double windowed number 9 and 10 envelopes.
- High quality printable forms, covering all copies B, C, D, 1, and 2 where applicable
- Simplified correction process for processing IRS corrections
- Personalize printable forms using your companies logo.
- Misc. data fields allow you to customize messages, financial breakdowns, payment history information, etc to be printed on your recipient forms
- Preview your forms before you print them
- CPA Friendly: Unlimited Companies/Filers
- XP, Vista and Windows 7 Compatible
- Built-In Help System
- Built-In Form validation module to help you avoid common mistakes
- Built-In reporting for generating form totals, recipient lists, and mailing labels
- Requires E-Filing services to be purchased from and provided by E-File Magic. Visit our price quote page for more information.
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