Import 1099-OID Data

This page shows the order of data used for importing data into IRS Form 1099-OID software.

Each column has to be read in the correct sequence. The 1st column on your data identifies whether this information return is Void. The 2nd column has a value for Corrected and so forth following in the order below for the 1099-OID:

Void
Corrected
Payer Name
Payer Address
Payer City
Payer State
Payer Zip
Payer Phone
Payer Federal identification number
Payer Type of TIN
Recipient Federal identification number
Recipient Type of TIN
Recipient Name
Recipient Address
Recipient City
Recipient State
Recipient Zip
Account number
2nd TIN notice
OID_1 // original issue discount
OID_2 // other periodic interest
OID_3 // early withdrawal penalty
OID_4 // federal income tax withheld
OID_5 // description
OID_6 // original issue discount on US Treasury obligations
OID_7 // investment expenses

Type of TIN is taken from the TIN itself. If the TIN contains one dash (-), then the TIN type is an EIN. If the TIN contains two dashes, then the TIN type is a SSN. Otherwise the TIN is identified as unknown.

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