IRS Pub.: Payroll Form Specifications for Electronic Filing to Be Corrected

Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G, has incorrect information in the Issuer A record and Payee B records sections, the IRS announced. Exhibit 2, to the revised publication, expected to be available the week of October 10, will be updated. [IRS Pub. 1220 (Rev. 9-2022)]

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