- 3.24.213.1 Introduction
- 3.24.213.2 ISRP Transcription Operation Sheets
- Exhibit 3.24.213-1 Block Header Data Entry
- Exhibit 3.24.213-2 Section 01 Form 1066 and Edit Sheet (Program 12201)
- Exhibit 3.24.213-3 Section 02 Form 1066 (Program 12201)
- Exhibit 3.24.213-4 Section 03 Form 1066 and Edit Sheet (Program 12201)
- Exhibit 3.24.213-5 Section 07 Form 1066, Section II (Program 12201)
- Exhibit 3.24.213-6 Section 20 Form 8913 (Program 12201)
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This chapter provides instructions for entering and verifying data from control documents and Form 1066, Real Estate Mortgage Investment Conduit Income Tax Return, using the Integrated Submission and Remittance Processing (ISRP) system.
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Data Transcribers will also need to refer to IRM 3.24.38, BMF General Instructions, for general procedures.
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The control documents from which data may be transcribed are:
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Form 813, Document Register
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Form 1332, Block and Selection Record
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Form 3893, Re-entry Document Control
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The source document from which data may be transcribed is:
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Form 1066, Real Estate Mortgage Investment Conduit Income Tax Return
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FORMPROGRAM NUMBER TAX CLASS &
DOC. CODE1066 12201 360
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The following exhibits represent specific data entry procedures.
Block Header Data Entry | ||||
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Source Document or Record: Forms 813 & 1332 FOR ORIGINAL INPUT DOCUMENTS Form 3893 FOR RE-ENTRY DOCUMENTS |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | SC Block Control | ABC | The screen displays the ABC that was entered in the EOP Dialog Window. It cannot be changed. | |
(2) | Block DLN | DLN | <Enter> | Enter the first 11 digits from: (a) Form 813 — the "Block DLN" box. (b) Form 1332 — the "Document Locator No." box. (c) Form 3893 — box 2. The KV EOP will verify the DLN from the first document of the block. |
(3) | Batch Number | BATCH | <Enter> | Enter the batch number from: (a) Forms 813 and 1332 — the "Batch Control Number" box. (b) Form 3893 — box 3. If not present, enter the number from the batch transmittal sheet. |
(4) | Document Count | COUNT | <Enter> | Enter the document count from: (a) Forms 813 and 1332— the circled serial number. If a full block (100 documents) or if a number is not circled, enter 100. (b) Form 3893 — box 4. |
(5) | Prejournalized Credit Amount | CR | <Enter> | Enter the amount from: (a) Form 813 — shown as the "Total" or "Adjusted Total" . (b) Form 3893 — box 5. Enter in dollars and cents. |
(6) | Filling <Enter>s | <Enter> | Press <Enter> 5 times. | |
(7) | Source Code | SOURCE | <Enter> | If the control document is Form 3893, enter from box 11 as follows: (a) R = "Reprocessable" box checked. (b) N = "Reinput of Unpostable" box checked. (c) 4 = "SC Reinput" box checked. If none of the boxes are checked, consult your supervisor who will determine if a source code is required. If any other control document, press <Enter>. |
(8) | Year Digit | YEAR | <Enter> | If the control document is Form 3893, enter the digit from the box 12; otherwise, press <Enter>. This is a MUST ENTER field if the Source Code is "R" , "N" , or "4" . |
(9) | Filling <Enter> | <Enter> | No entry required. Press <Enter>. |
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(10) | RPS Indicator | RPS | <Enter> | Enter a "2"
if: (a) "RPS" is edited or stamped in the upper center margin of Form 813 or Form 1332 or "RRPS" is in the header of Form 1332. (b) box 13 is checked on Form 3893. |
SECTION 01 | ||||
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Source Document or Record: Form 1066 and Edit Sheet |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | Section Number | SECT: | Section "01" will always be generated. No entry is required. | |
(2) | DLN Serial Number | SER# | <Enter> | Enter the last two digits of the 13-digit DLN from the upper portion of the form. If the serial number has been generated by the system, verify that it matches the document being entered. |
(3) | Check Digit | CD | <Enter> | Enter the Check Digit if present. |
(4) | Name Control | NC | <Enter> | If the Check Digit is not present, enter the Name Control. |
(5) | E.I. Number | EIN | Enter the E.I. Number from the preprinted label or from the "E.I. Number" block. | |
(6) | Address Check | ADDRESS CHECK? | Enter "Y" or "N" as appropriate. | |
(7) | Street Key | STREET KEY | <Enter> | Enter the Street Key |
(8) | ZIP Key | ZIP KEY | <Enter> | Enter the ZIP Key. |
(9) | Tax Period | TAXPR | <Enter> | Enter the edited or underlined Tax Period from the upper right corner. |
(10) | Received Date | RDATE | <Enter> | Enter the date as stamped or edited on the face of the return. |
Note:Data for prompts "ES-3" through "ES-10" will no longer appear on an attached edit sheet. Instead, this data will be edited in the margin to the left of the Deductions Section. The data will be edited in "X-Y" format: where "X" represents the edit sheet line number and "Y" represents the data to be transcribed. Examples: Edited DataEnter on Screen 1-235Enter "235" for prompt "ES-1" 10–1Enter "1" for prompt "ES-10" |
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(11) | Computer Condition Codes | ES–1 | <Enter> | Enter the edited code(s) from the dotted portion of Section 1, Line 1. If computer condition code "G" is present and the document is a non-remittance return, end the document after this element. If computer condition code "G" is present and the document is a remittance return , press <F6> to proceed to Section 03. |
(12) | Date REMIC Started | ES-2 | <Enter> | Enter the date shown or edited in box B in YYMM format. |
(13) | Number of Residual Holders | ES-3 | <Enter. | Enter from the margin to the left of the Deductions section. |
(14) | TEFRA Indicator | ES-4 | <Enter> | Enter from the margin to the left of the Deductions section. |
(15) | Missing Schedule Code | ES-5 | <Enter> | Enter from the margin to the left of the Deductions section. |
(16) | Correspondence Received Date | ES-6 | <Enter> | Press <Enter>. |
(17) | CAF Indicator | ES-7 | <Enter> | Press <Enter>. |
(18) | Audit Code | ES-8 | <Enter> | Enter from the margin to the left of the Deductions section. |
(19) | Installment Sales Indicator | ES-9 | <Enter> | Enter from the margin to the left of the Deductions section. |
(20) | ERS Action Code | ES-10 | <Enter> | Enter the edited digits from the bottom left margin. |
SECTION 02 | ||||
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Source Document or Record: Form 1066 |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | Section Number | SECT: | <Enter> | Press <Enter> if already present on the screen; otherwise enter "02" . |
(2) | In Care of Name Line | C/O NAME | <Enter> | Enter the in care of name exactly as shown. |
(3) | Foreign Address | FGN ADD | <Enter> | Enter the foreign address information as shown or edited from the entity area. |
(4) | Street Address | ADDR | <Enter> | Enter the street address information as shown or edited from the entity area.Caution:If inputting a foreign address, enter the foreign city, province, and postal code in this field exactly as edited. |
(5) | City | CITY | <Enter> | Enter the city from the entity area.Caution:If inputting a foreign address, only enter the edited foreign country code in this field. |
(6) | State | ST | <Enter> | Enter the standard state abbreviation from the entity area.Caution:If inputting a foreign address, enter a period (.) in this field. |
(7) | ZIP Code | ZIP | <Enter> | Enter the ZIP Code from the entity area.Caution:If inputting a foreign address, leave this field blank. Press <Enter> to continue. |
SECTION 03 | ||||
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Source Document or Record: Form 1066 and Edit Sheet |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | Section Number | SECT: | <Enter> | Press <Enter> if already present on the screen; otherwise enter "03" . |
(2) | Payment Received | RMT | <Enter> | Enter the green rockered amount from the balance due area of the return or an attached cash register receipt. If no amount is edited or the edited amount is illegible, check the control document for the correct amount. This is a MUST ENTER field if a Prejournalized Credit Amount (prompt "CR" ) was entered in the Block Header. |
(3) | Total Assets | BOXC $ | <Enter> MINUS (−) | Enter the amount from Box C. |
Note:Data for prompts "ES-11" through "ES-12" will no longer appear on an attached edit sheet. Instead, this data will be edited in the margin to the left of the Deductions Section. The data will be edited in "X-Y" format: where "X" represents the edit sheet line number and "Y" represents the data to be transcribed. Examples: Edited DataEnter on Screen 11-100Enter "100" for prompt "ES-11" 12–1500Enter "1500" for prompt "ES-12" |
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(4) | Net Short Term Capital Gain/Loss | ES-11 | <Enter> MINUS (−) | Enter the edited digits from the bottom right margin. |
(5) | Net Long Term Capital Gain/Loss | ES-12 | <Enter> MINUS (−) | Enter the edited digits from the bottom right margin. |
SECTION 07 | ||||
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Source Document or Record: Form 1066, Section II |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | Section Number | SECT: | <Enter> | Press <Enter> if already present on the screen; otherwise enter "07" . |
(2) | Total Tax | II1 | <Enter> | Enter amount form Section II, Line 1. |
(3) | Tax Paid on F7004 | LN2 | <Enter> | Enter amount from Section II, line 2. |
(4) | Federal Telephone Excise Tax Paid | 4... | <Enter> | For TY2006 returns, enter amount from Section II, line 2b; otherwise, press <Enter>. |
(5) | Discuss with Preparer Checkbox | CKBX | <Enter> | Enter "1" if only the "Yes" box is checked; otherwise, press <Enter>. |
(6) | Preparer's SSN | PSSN | <Enter> | Enter the preparer's SSN or PTIN. |
(7) | Preparer's EIN | PEIN | <Enter> | Enter the preparer's EIN. |
(8) | Preparer's Telephone # | TEL# | <Enter> | Enter the preparer's telephone number. |
Reminder:Only transcribe this section for TY2006 returns. |
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SECTION 20 | ||||
Source Document or Record: Form 8913 |
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Elem. No. | Data Element Name | Prompt | Fld. Term. | Instructions |
(1) | Section Number | SECT: | <Enter> | Press <Enter> if already present on screen; otherwise, enter "20" . |
(2) | Tax Refund | 15(D) | <Enter> | Enter the amount from line 15, column (d). |
(3) | Interest on Tax Refund | 15(E) | <Enter> | Enter the amount from line 15, column (e). |