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Introduction
Bucknell has been producing 1098Ts in-house since tax year 2002.
Laser forms from Moore Wallace Tax Relief Act (TRA) 1098-T Reporting
Handbook Hardest part – decisions, decisions,
decisions
BANNER Set Up
Install regulatory release for TRA reporting (p104630 released October 12, 2005)
TTVREPT – Create tax report codes (can be reused each year)
TSATAXR – Attach detail codes/categories to each report code (copy rules from prior year)
TSA1098 – Complete both the transmitter and institution information
BANNER Set Up (continued)
TSP1098 – Test mode; Official when ready
TSATAXN – ‘Remove Notif’ manually TSR1098 – Test mode; Official when
ready TSRTRAF – Print detail to include in
mailing? Mail 1098-T forms (with enclosures?) to
students by January 31, 2006 Transmit IRS1220.dat file to IRS
Helpful Hints/Resources
Test as soon as the regulatory release is available from SungardSCT
Pay special attention to TSP1098 error report
Turn web access off until official Create reports to look at data
IRS Instructions for Forms 1098-E & 1098-T
IRS Publication 970
