Tax Season: the time of year that no longer requires hours of tedious data entry thanks to CoFi's new 1099 Tax Reporting Data Export feature!
Financial Institutions may now export Payee data for 1099 Tax Reporting from the Organization Payee tab.
How to Use the 1099 Tax Reporting Data Export Feature:
- Click on the Organization Payees Icon from the Home screen to access a list of all Payees
- Select the Year of Payee Data you wish to export
- Click Export Payee to download data
- Important Note: Data will be exported as a CSV file, including: Payee Name, Tax ID, Address, City, State, Zip Code, and Amount Paid in the year selected. It will be up to individual financial institutions to organize the information as needed for reporting purposes.
How to Export Payee Information for 1099 Tax Reporting
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