EAP: Federal employer identification number (EIN) needs to be masked
(Doc ID 2349304.1)
Last updated on AUGUST 27, 2020
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
Since 2015, the IRS has stated that the employer identification number (EIN) can be masked, similar to what is allowed for the Social Security Number (TIN).
On the 1099-MISC Copy B, Instructions for Recipient state the following:
Recipient's identification number. For your protection, this form may show only the last four digits of your social security number (SSN), individual taxpayer identification number (ITIN), adoption taxpayer identification number (ATIN), or employer identification number (EIN). However, the issuer has reported your complete identification number to the IRS.
Since there is an option to mask the TIN on the 1099-MISC Copy B, need the same option to mask the Federal Employee Identification Number.
1. Supplier > Location >Withholding Supplier Information page
2. TIN TYpe = F
3. Taxpayer Identification Number field is populated
4. Withholding Adjustment page has Basis Amt populate for the Supplier in Step 1
5. 1099 Report Post / Report / Copy B Run Control ID
a. Check the box for “Include Manual Overrides”
b. Type of File/Return = Original
c. IRS File Generate Option = All
d. Check the box for “Mask TIN”
6. Run the 1099 Job
7. Check the 1099-MISC Copy B for the Supplier in Step 1
8. RECIPIENT’S identification number displays the entire number and is not masked
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