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Generic bridging summary

Beneficiary data

In
Record 2
 (the account record), the application stores some data at a permanent level and some at the tax year level. Refer to the following tables to help you understand more about the difference between them. They'll also help you understand where the locks are and if you can update them.
If something is year-specific, then any edits only apply to the current tax year loaded in the application. Locking a field bypasses further updates and prevents the data from being deleted if there's no record data in the database.
5X5 processing
Record 2 Field
Year specific
Allows updates
Allows locks
5X5 Owner Decimal
Y
Y
N
Custom (by PAN) DE state tax
Record 2 Field
Year specific
Allows updates
Allows locks
Filler (Custom field 2)
Y
Y
N
Recipient information
Record 2 Field
Year specific
Allows updates
Allows locks
1099 Recipient Type
Y
Y
Y
Address Country Code
N
Y
Y
Beneficiary Date of Birth
N
Y
Y
Beneficiary Date of Death
N
Y
Y
Beneficiary City/Town/District
N
Y
Y
Beneficiary Foreign Province or State
N
Y
Y
Beneficiary Key (Interested Party)
N
Y
Y
Beneficiary Name
N
Y
Y
Beneficiary Name Continued
N
Y
Y
Beneficiary Street Address (Line 1)
N
Y
Y
Beneficiary Street Address (Line 2)
N
Y
Y
Beneficiary Street Address (Line 3)
N
Y
Y
Beneficiary US State Code
N
Y
Y
Beneficiary Zip or Foreign Postal Code
N
Y
Y
Canadian Province
Y
Y
Y
Clifford/Crummey Indicator
Y
Y
Y
Generation Skip Person
N
Y
Y
NRA Alternate Name
N
Y
Y
State Code of Beneficiary (Residency)
Y
Y
Y
Type of Entity of Beneficiary
N
Y
Y
US Taxpayer ID of Beneficiary
N
Y
Y
W9 Date
N
Y
Y
W9 Indicator
N
Y
Y
Recipient information - Distribution - Decimal/Dollar section
Record 2 Field
Year specific
Allows updates
Allows locks
Beneficiary Percentage (required for tax return processing)
Y
Y
Y
Beneficiary Fixed Amount (required for tax return processing)
Y
Y
Y
1099 Recipient Percentage (Required for 1099 processing)
Y
Y
Y
Recipient information - Form 1042-S recipient information
Record 2 Field
Year specific
Allows updates
Allows locks
NRA Alternate Name
N
Y
Y
1042-S Country Code of Taxation
Y
Y
Y
1042-S Chapter 3 Status Code
Y
Y
Y
1042-S Chapter 4 Status Code
Y
Y
Y
Global Intermediary Identification Number (GIIN)
N
Y
Y
NRA Foreign Tax Identification Number
N
Y
Y
1042-S LOB Code
Y
Y
Y
NRA Documentation is not available or invalid
Y
Y
N
NRA No election made to receive treaty rates
Y
Y
N
NRA Recipient eligible for special treaty dividend benefits
Y
Y
N
Primary Withholding Agent Name (if applicable)
Y
Y
N
Primary Withholding Agent EIN (if applicable)
Y
Y
N
Register only
Record 2 Field
Year specific
Allows updates
Allows locks
Bank Prepares Form 1040
N
Y
N
Do Not Send to Mailing Service Indicator
Y
Y
Y
RMD Date
Y
Y
Y
RMD Amount
Y
Y
Y

This article applies to:

  • Product: ONESOURCE Trust Tax