Tax Verification: The first step in printing tax forms requires the user to print a Tax Verification Report.
If any accounts appear on this report, we strongly suggest you correct the data before you proceed. The Tax Verification Report checks four items that are required by the IRS. If this data is incorrect, the IRS will charge a fee for each wrong account. The four items are verified as follows: TAX ID, ADDRESS, TAX NAME, IRSCODE.
Every account that appears on this report should be corrected before the tax forms are printed. The report will identify which of the four areas have a problem by denoting the letter ‘N’ under the column heading. All corrections should be made in the Horsemen Maintenance Tax Information or Account Information screens.
The user must re-Generate the Tax Amount (step 1) before the changes will appear on the report. After all the accounts have been corrected and the Tax Verification Report is blank, close the report and click NEXT to begin printing the forms.
Go to Printing Tax Forms: