Excluding a Loan From Tax Reporting
There may be few accounts which should not be included in tax reporting for business reasons.
- Go to Customer Service > Balances > Year to Date screen.
- Unselect the Reportable check box.
- Run the IRS 1098/1099 export.
The export will exclude any loans which don't have the Reportable check box selected.
ArticleNumber:
000049259