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Treasury Data Registry

ReportedToIRS_OnForm_1099C_Amount Profile

Administrative Metadata


Name ReportedToIRS_OnForm_1099C_Amount
Business Definition Reported to IRS on Form 1099-C: The dollar amount of debts that the agency reported to the IRS on IRS Form 1099-C as potential income to a debtor or debtors during the most recent tax year (previous calendar year). Agencies must submit a Form 1099-C for all closed-out debts in a given calendar year no later than the end of February of the subsequent calendar year. For example, if a debt is written off in March 2004, and the agency decides to terminate all collection efforts in June 2005, the debt amount could be reported to IRS any time after termination of collection but before the end of February 2006. Most agencies wait to file 1099-Cs until after the close of the tax year. Assuming this is the agency’s practice, in this example, the agency would report on this line in the 2nd quarter, FY 2006 TROR, and that number would not change over the next three quarters.
Business Context Treasury / Fiscal Service
Registration Status
Incomplete Administrative Status Code Approved/Standard
Version Identifier 4.8
Data Security Code Public
Effective Date 2013-01-01
Published Date 2013-01-01

Stewardship Metadata


Responsible Business Line Debt Management Services
Business Owner Bureau of the Fiscal Service
Data Steward Contact Person Dave Stuart
Data Steward Contact Email dave.stuart@fms.treas.gov

Representation Metadata


DataType
Integer Representation Class Amount Minimum Length 0 Maximum Length 0
Character Text Code
Numeric Character Case Code None May Contain Punctuation No May Contain Special Characters No May Contain White Spaces No

Business Rules Metadata


Business Rules Description
No records.

Situational Metadata


Data Exchange Version Document Link Use Personally Identifiable Information
TROR Outbound v1.0 http://fms.treas.gov/data/FMSv49/TRORv10/TreasuryReportOnReceivablesAndDebtCollectionActivities/ [1..1] No

For help, please contact the Treasury Bureau of the Fiscal Service Enterprise Data Architecture team.
Last Updated: 2013-12-31