IRS Software and Tools 4

Question 1

Which IRS online system allows payroll service providers to electronically file employment tax returns such as Form 941?

Accepted Answer

MeF (Modernized e-File)

Answer

MeF supports electronic filing of employment tax returns including Form 941, used by payroll service providers and employers.

Question 2

What is the IRS Secure Object Repository (SOR) primarily used for by tax professionals?

Accepted Answer

Securely receiving large files from the IRS such as bulk transcripts

Answer

The SOR is an IRS secure mailbox that allows e-Services users to download large files, such as bulk transcript deliveries, securely.

Question 3

Which IRS tool is used by software developers and transmitters to test their products against IRS MeF schemas before the filing season?

Accepted Answer

IRS Assurance Testing System (ATS)

Answer

The IRS Assurance Testing System (ATS) is the testing environment where software developers validate their products against IRS e-file specifications before live filing.

Question 4

A practitioner is using the Transcript Delivery System and wants to obtain a client's wage and income transcript. Which transcript type should they select?

Accepted Answer

Wage and Income Transcript

Answer

The Wage and Income Transcript shows data from information returns (W-2s, 1099s, etc.) filed with the IRS for a specific tax year.

Question 5

Which IRS system is used for the real-time verification of taxpayer identification numbers (TINs) to ensure accuracy before filing information returns?

Accepted Answer

TIN Matching Program

Answer

The IRS TIN Matching Program allows payers to verify that a payee's name and TIN match IRS records before submitting information returns.

(IRS) Internal Revenue Service Certified Practice Test

(IRS) Internal Revenue Service Certified Practice Test

IRS Software and Tools 4