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Cancellation of Debt Status field group

Navigation:  Loans > Loan Screens > IRS Form 1099-C Screen >

Cancellation of Debt Status field group

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Use these fields to view and edit information about whether a 1099-C form has been created for the customer loan account and sent to IRS GOLD.

 

Once information is entered in the fields on this screen and <Add Entry> is clicked, the 1099-C Form Created field (MRE99C) will be marked and the employee number and date will appear in the By and On fields (MRD99C).

 

In the event that the form was automatically created when a Write-Off Transaction was run in GOLDTeller, the By field will display the number of the employee who ran the write-off transaction.

 

lirsfc_cancellation

 

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