Operational: Practical Implementation

Module 1: Information Reporting Impacts All Types of Businesses
6 Lessons | 1 Quiz
Lesson 1: Chapters 3, 4, 61, and Section 3406 Refresher
Lesson 2: Financial Services Organizations, Banks and Brokers
Lesson 3: Financial Services Organizations, Asset Managers and Investment Companies
Lesson 4: Financial Services Organizations, Insurance Companies
Lesson 5: Nonfinancial Services Organizations
Lesson 6: Departments Within All Organizations That Have Information Reporting and Withholding Responsibilities
Course 2: Module 1 Quiz
Module 2: Identifying the Payee or Beneficial Owner
20 Lessons | 1 Quiz
Lesson 1: Why do we need to identify the payee or beneficial owner?
Lesson 2: What is a U.S. Person?
Lesson 3: What is a U.S. resident: The Green Card Test
Lesson 4: What is a U.S. resident: The Substantial Presence Test
Lesson 5: What rules apply to U.S. persons?
Lesson 6: What is a non-U.S. person?
Lesson 7: Corporations and Partnerships
Lesson 8: What rules apply to non-U.S. persons? Chapter 3: U.S. Source FDAP
Lesson 9: Determining the Source of Income
Lesson 10: What rules apply to non-U.S. persons? Chapter 3: ECI
Lesson 11: What is a payee?
Lesson 12: What is a Check the Box entity?
Lesson 13: What is a beneficial owner?
Lesson 14: What is an exempt entity?
Lesson 15: What is an intermediary or flow-through entity?
Lesson 16: What Rules Apply To Non-U.S. Persons? Chapter 4
Lesson 17: What is an IGA?
Lesson 18: What is CRS?
Lesson 19: Who is the payee or beneficial owner in each business?
Lesson 20: Who is the payee or beneficial owner in each department?
Course 2: Module 2 Quiz
Module 3: W-9 Walkthrough
6 Lessons | 1 Quiz
Lesson 1: Introduction to the Form W-9
Lesson 2: Overview of the Form W-9
Lesson 3: W-9 Walkthrough Part 1
Lesson 4: W-9 Walkthrough Part 2
Lesson 5: W-9 Walkthrough Part 3
Lesson 6: W-9 Walkthrough Conclusion
Course 2: Module 3 Quiz
Module 4: W-8BEN Walkthrough
4 Lessons | 1 Quiz
Lesson 1: Overview & W-8BEN Walkthrough Part 1
Lesson 2: W-8BEN Walkthrough Part 2
Lesson 3: W-8BEN Walkthrough Part 3
Lesson 4: W-8BEN Walkthrough Conclusion
Course 2: Module 4 Quiz
Module 5: W-8BEN-E Walkthrough
8 Lessons | 1 Quiz
Lesson 1: W-8BEN-E Walkthrough Part 1
Lesson 2: W-8BEN-E Walkthrough Part 2
Lesson 3: W-8BEN-E Walkthrough Part 3
Lesson 4: W-8BEN-E Walkthrough Part 4
Lesson 5: W-8BEN-E Walkthrough Part 5
Lesson 6: W-8BEN-E Walkthrough Part 6
Lesson 7: W-8BEN-E Walkthrough Part 7
Lesson 8: W-8BEN-E Walkthrough Conclusion
Course 2: Module 5 Quiz
Module 6: W-8ECI Walkthrough
3 Lessons | 1 Quiz
Lesson 1: W-8ECI Walkthrough Part 1
Lesson 2: W-8ECI Walkthrough Part 2
Lesson 3: W-8ECI Walkthrough Conclusion
Course 2: Module 6 Quiz
Module 7: W-8EXP Walkthrough
7 Lessons | 1 Quiz
Lesson 1: Overview
Lesson 2: W-8EXP Walkthrough Part 1
Lesson 3: W-8EXP Walkthrough Part 2
Lesson 4: W-8EXP Walkthrough Part 3
Lesson 5: W-8EXP Walkthrough Part 4
Lesson 6: W-8EXP Walkthrough Part 5
Lesson 7: Form W-8EXP Walkthrough Conclusion
Course 2: Module 7 Quiz
Module 8: W-8IMY Walkthrough
14 Lessons | 1 Quiz
Lesson 1: W-8IMY Overview Part 1
Lesson 2: W-8IMY Overview Part 2
Lesson 3: W-8IMY Overview Part 3
Lesson 4: W-8IMY Overview Part 4
Lesson 5: W-8IMY Walkthrough Part 1
Lesson 6: W-8IMY Walkthrough Part 2
Lesson 7: W-8IMY Walkthrough Part 3
Lesson 8: W-8IMY Walkthrough Part 4
Lesson 9: W-8IMY Walkthrough Part 5
Lesson 10: W-8IMY Walkthrough Part 6
Lesson 11: W-8IMY Walkthrough Part 7
Lesson 12: W-8IMY Walkthrough Part 8
Lesson 13: W-8IMY Walkthrough Part 9
Lesson 14: W-8IMY Conclusion
Course 2: Module 8 Quiz
Module 9: 8233 Walkthrough
7 Lessons | 1 Quiz
Lesson 1: 8233 Walkthrough Part 1
Lesson 2: 8233 Walkthrough Part 2
Lesson 3: 8233 Walkthrough Part 3
Lesson 4: 8233 Walkthrough Part 4
Lesson 5: 8233 Walkthrough Part 5
Lesson 6: 8233 Walkthrough Part 6
Lesson 7: 8233 Conclusion
Course 2: Module 9 Quiz
Module 10: Payments and Withholding
13 Lessons | 1 Quiz
Lesson 1: What are payments and withholding?
Lesson 2: Backup Withholding Under Section 3406 and Form 1099 Reporting Under Chapter 61
Lesson 3: Amounts Subject to Chapter 3 Withholding – Withholding Agents
Lesson 4: Amounts Subject to Chapter 3 Withholding: U.S. Source FDAP Income
Lesson 5: Amounts Subject to Chapter 3 Withholding: Exemptions and Treaty Rates
Lesson 6: Chapter 4 Withholdable Payments
Lesson 7: Amounts Subject to Chapters 3 and 4 Withholding: Withholding Agent Liability and Timing
Lesson 8: Chapter 3 and 4 Adjustments for Overwithholding – Reimbursement Procedure
Lesson 9: Chapter 3 and 4 Adjustments for Overwithholding – Set-off Procedure
Lesson 10: Deposits – When Required for Backup Withholding
Lesson 11: Deposits – When Required for Chapter 3 and 4 Withholding
Lesson 12: Deposits – Chapter 3 and 4 – Escrow
Lesson 13: Deposits – Electronic Federal Tax Payment System (EFTPS) & Deposit Penalties
Course 2: Module 10 Quiz
Module 11: Reporting
18 Lessons | 1 Quiz
Lesson 1: What is Reporting?
Lesson 2: Form 1099 Reporting Regime
Lesson 3: When is Form 1099 Reporting Not Required?
Lesson 4: Common Forms 1099 and Deadlines
Lesson 5: Electronic Filing of Forms 1099
Lesson 6: How a Payor Furnishes Forms 1099 to Payees or Recipients
Lesson 7: Form 945
Lesson 8: Chapter 3 Reporting and Form 1042
Lesson 9: Chapter 3 Reporting – Form 1042-S
Lesson 10: Chapter 4 Reporting on Forms 1042 and 1042-S
Lesson 11 : Form 1042-S Extensions
Lesson 12: Forms 1099 and 1042-S Penalties. Failure to File Correct Information Returns by the Due Date
Lesson 13: Forms 1099 and 1042-S Penalties. Failure to Furnish Correct Information Returns by the Due Date and Intentional Disregard
Lesson 14: Amended Forms 1099 and 1042-S
Lesson 15: Amended Forms 1042 and 945
Lesson 16: Chapter 4 Reporting – Form 8966
Lesson 17: IGA Reporting
Lesson 18: CRS Reporting
Course 2: Module 11 Quiz
Module 12: Forms 1099
7 Lessons | 1 Quiz
Lesson 1: Form 1099-MISC Walkthrough Part 1
Lesson 2: Form 1099-MISC Walkthrough Part 2
Lesson 3: Form 1099-INT Walkthrough Part 1
Lesson 4: Form 1099-INT Walkthrough Part 2
Lesson 5: Form 1099-DIV Walkthrough Part 1
Lesson 6: Form 1099-DIV Walkthrough Part 2
Lesson 7: Form 1099-NEC Walkthrough
Course 2: Module 12 Quiz
Module 13: 1042 Walkthrough
10 Lessons | 1 Quiz
Lesson 1: Form 1042 Overview
Lesson 2: Form 1042 Walkthrough Part 1
Lesson 3: Form 1042 Walkthrough Part 2
Lesson 4: Form 1042 Walkthrough Part 3
Lesson 5: Form 1042 Walkthrough Part 4
Lesson 6: Form 1042 Walkthrough Part 5
Lesson 7: Form 1042 Walkthrough Part 6
Lesson 8: Form 1042 Walkthrough Part 7
Lesson 9: Form 1042 Walkthrough Part 8
Lesson 10: Form 1042 Conclusion
Course 2: Module 13 Quiz
Module 14: 1042-S Walkthrough
14 Lessons | 1 Quiz
Lesson 1: Form 1042-S Amounts Subject to Reporting
Lesson 2: Form 1042-S Amounts Not Subject to Reporting
Lesson 3: Form 1042-S Walkthrough Part 1
Lesson 4: Form 1042-S Walkthrough Part 2
Lesson 5: Form 1042-S Walkthrough Part 3
Lesson 6: Form 1042-S Walkthrough Part 4
Lesson 7: Form 1042-S Walkthrough Part 5
Lesson 8: Form 1042-S Walkthrough Part 6
Lesson 9: Form 1042-S Walkthrough Part 7
Lesson 10: Form 1042-S Walkthrough Part 8
Lesson 11: Form 1042-S Walkthrough Part 9
Lesson 12: Form 1042-S Walkthrough Part 10
Lesson 13: Form 1042-S Walkthrough Part 11
Lesson 14: Form 1042-S Conclusion
Course 2: Module 14 Quiz
Module 15: 8966 Walkthrough
10 Lessons | 1 Quiz
Lesson 1: Form 8966 Overview Part 1
Lesson 2: Form 8966 Overview Part 2
Lesson 3: Form 8966 Walkthrough Part 1
Lesson 4: Form 8966 Walkthrough Part 2
Lesson 5: Form 8966 Walkthrough Part 3
Lesson 6: Form 8966 Walkthrough Part 4
Lesson 7: Form 8966 Walkthrough Part 5
Lesson 8: Form 8966 Walkthrough Part 6
Lesson 9: Form 8966 Walkthrough Part 7
Lesson 10: Form 8966 Conclusion
Course 2: Module 15 Quiz
Module 16: IGA
6 Lessons | 1 Quiz
Lesson 1: IGA Walkthrough Part 1
Lesson 2: IGA Walkthrough Part 2
Lesson 3: IGA Walkthrough Part 3
Lesson 4: IGA Walkthrough Part 4
Lesson 5: IGA Walkthrough Part 5
Lesson 6: IGA Walkthrough Part 6
Course 2: Module 16 Quiz
End of Course 2 Quiz
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Lesson 9: Form 8966 Walkthrough Part 7

Operational: Practical Implementation Module 15: 8966 Walkthrough Lesson 9: Form 8966 Walkthrough Part 7

Lesson 9: Form 8966 Walkthrough Part 7

Lesson 9 concludes our walk through of Form 8966 with a discussion of Part V, where the filer enters information regarding Pooled Reporting Type.

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