How to use FMFG_E_1099_C - Formulaire fiscal 1099-C

SAP Transaction Code - Details

• Transaction Code: FMFG_E_1099_C

  Description: Formulaire fiscal 1099-C

  Release: S/4HANA and ECC 6

• • Program: RFFMFG_1099_C

    Screen: 1000

    Authorization Object:

  • Development Package: FMFG_E

    Package Description: US Federal Government budgetary ledger account derivation

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: FMFG_E_1099_C - Formulaire fiscal 1099-C

  
  Overview:
  The SAP transaction code FMFG_E_1099_C is used to generate Tax Form 1099-C. This form is used to report canceled debt, such as a loan or credit card balance, to the Internal Revenue Service (IRS). 
  
  Functionality: 
  The FMFG_E_1099_C transaction code allows users to generate Tax Form 1099-C for reporting canceled debt. This form is used to report the amount of canceled debt to the IRS. The form also includes information about the debtor, such as their name and address. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FMFG_E_1099_C in the command field. 
  2. Enter the debtor’s name and address in the appropriate fields. 
  3. Enter the amount of canceled debt in the appropriate field. 
  4. Click “Generate” to generate the Tax Form 1099-C. 
  5. Print or save the form for filing with the IRS. 
  
  Other Recommendations: 
  It is important to note that Tax Form 1099-C must be filed with the IRS by January 31st of each year. Additionally, it is recommended that users consult with a tax professional if they have any questions about filing this form or any other tax forms.