Excluding a Loan From Tax Reporting

Excluding a Loan From Tax Reporting

There may be few accounts which should not be included in tax reporting for business reasons.
  1. Go to Customer Service > Balances > Year to Date screen.
  2. Unselect the Reportable check box.
  3. Run the IRS 1098/1099 export.
The export will exclude any loans which don't have the Reportable check box selected.

ArticleNumber:

000049259