The attached files are samples of the 2011 E-File Magic Version of the 1097-BTC Form. This form is used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"Issuers of certain tax credit bonds (or their agents) and nominees/intermediaries (such as a broker, a partnership, a trust, an estate, a regulated investment company, or a real estate investment trust) must file a separate Form 1097-BTC for each tax credit distributed from the following tax credit bonds issued after January 1, 2011.

Qualified forestry consevation bonds.

New clean renewable energy bonds.

Qualified energy conservation bonds.

Qualified zone academy bonds.

Qualified school construction bonds.

Clean renewable energy bonds.

Midwestern tax credit bonds.

Build America bonds (tax credit).

For tax credit bonds issued as serial bonds, each bond must be reported on a separate Form 1097-BTC."

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The attached files are samples of the 2011 E-File Magic Version of the 1098 form. These forms are used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"Use Form 1098, Mortgage Interest Statement, to report mortgage interest (including points) of $600 or more received by you during the year in the course of your trade or business from an individual, including a sole proprietor.

The $600 threshold applies separetly to each mortage; thus, file a separate Form 1098 for each mortgage.  You may, at your option, file Form 1098 to report mortgage interest of less than $600, but if you do, you are subject to the rules in these instructions.

If an overpayment of interest on an adjustable rate mortgage (ARM) or other mortgage was made in a prior year and you refund (or credit) such overpayment, you may have to file Form 1098 to report the refund (or credit) of the overpayment."

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The attached files are samples of the 2011 E-File Magic Version of the 1098-C form. This form is used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"A donee organization must file a separate Form 1098-C, Contributions of Motor Vehicles, boats, and Airplanes, with the IRS for each contribution of a qualified vehicle that has a claimed value of more than $500.  A qualified vehicle is any motor vehicle manufactured primarily for use on public streets, roads, and highways; a boat; or an airplane.  However, property held by the donor primarily for sale to customers, such as inventory of a car dealer, is not a qualified vehicle."

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E-File Magic also offers software for: Form 1097-BTC, Form 1099, Form 5498, Form 3922, Form 3921, and Form W-2G.

The attached files are samples of the 2011 E-File Magic Version of the 1098-E and 1098-T forms. These forms are used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"Specific Instructions for Form 1098-E

File Form 1098-E, Student Loan Interest Statement, if you receive student loan interest of $600 or more from an individual during the year in the course of your trade or business.

The $600 threshold applies to each borrower regardless of the number of student loans obtained by that borrower.  However, you may file separate Form 1098-E for each student loan of the borrower, or you may file one Form 1098-E for the interest from all student loans of the borrower.

Specific Instructions for Form 1098-T

File Form 1098-T, Tuition Statement, if you are an eligible education institution.  You must file for each student you enroll and for whom a reportable transaction is made.  Also, if you are an insurer, file Form 1098-T for each individual to whom you made reimbursements or refunds of qualified tuition and related expenses.

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The attached files are samples of the 2011 E-File Magic Version of the 1099-A and 1099-C form. These forms are used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"Specific Instructions for Form 1099-A

File Form 1099-A, Acquisition or Abandonment of Secured Property, for each borrower if you lend money in connection with your trade or business and, in full or partial satisfaction of the debt, you acquire an interest in property that is security for the debt, or you have reason to know that the property has been abandoned.  You need not be in the business of lending money to be subject to this reporting requirement.

Specific Instruction for Form 1099-C

File Form 1099-C, Cancellation of Debt, for each debtor for whom you canceled a debt owed to you of $600 or more if:

1. You are an entity described under Who Must File on this page and

2. An identifiable event has occurred.  It does not matter whether the actual cancellation is on or before the date    of the identifiable event."

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The attached files are samples of the 2011 E-File Magic Version of the 1099-B form. This form is used by both the corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"A broker or barter exchange must file Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for each person:

• For whom the broker has sold (including short sales) stocks, bonds, commodities, regulated futures contracts, foreign currency contracts (pursuant to a forward contract or regulated futures contract), forward contracts, debt instruments, etc., for cash,
• Who received cash, stock, or other property from a corporation that the broker knows or has reason to know has had its stock acquired in an acquisition of control or had a substantial change in capital structure reportable on form 8806, or
• who exchanged property or services through a barter exchange."

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The attached files are samples of the 2011 E-File Magic Version of the 1099-CAP Form. This form is used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"File Form 1099-CAP, Changes in Corporate Control and Capital Structure, for shareholders of a corporation if control of the corporation was acquired or it underwent a substantial change in capital structure.  Form 1099-CAP is furnished to shareholders who receive cash, stock, or other property from an acquisition of control or a substantial change in capital structure."

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E-File Magic also offers software for: Form 1097-BTC, Form 1098, Form 5498, Form 3922, Form 3921, and Form W-2G.

The attached files are samples of the 2011 E-File Magic Version of the 1099-DIV form. This form is used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"File Form 1099-DIV, Dividends and Distributions, for each person:

• To whom you have paid dividends (including capital gain dividends and exempt-interest dividends) and other distributions on stock or $10 or more,
• For whom you have withheld and paid any foreign tax on dividends and other distributions on stock,
• For whom you have withheld any federal income tax on dividends under the backup withholding rules, or
• To whom you have paid $600 or more as part of a liquidation."

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E-File Magic also offers software for: Form 1097-BTC, Form 1098, Form 5498, Form 3922, Form 3921, and Form W-2G.

The attached files are samples of the 2010 E-File Magic Version of the 1099-G form. This form is used by both the corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt:Section references are to the Internal Revenue Code unless otherwise noted.

"File Form 1099-G, Certain Government Payments, if, as a unit of a federal, state, or local government, you made payments of unemployment compensation; state or local income tax refunds, credits, or offsets; alternative trade adjustment assistance (ATAA) payments; reemployment trade adjustment assistance (RTAA) payments; taxable grants; or agricultural payments.  You must also file this form if you received payments on a Commodity Credit Corporation (CCC) loan.  The officer or employee of the government unit having control of the payments, received or made, (or the designated officer or employee) must file Form 1099-G."

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The attached files are samples of the 2011 E-File Magic Version of the 1099-H form. This form is used by both the  corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt:Section references are to the Internal Revenue Code unless otherwise noted.

"File Form 1099-H, Health Coverage Tax Credit (HCTC) Advance Payments, if you received in the course of your trade or business any advance payments during the calendar year of qualified health insurance payments for the benefit of eligible trade adjustment assistance (TAA), Reemployment TAA, or Pension Benefit Guaranty Corporation (PBGC) recipients and their qualifying family members."

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E-File Magic also offers software for: Form 1097-BTC, Form 1098, Form 5498, Form 3922, Form 3921, and Form W-2G.