Data Tag: AM.WSC/1

Choose from Wsc Interface Eligible

Specifies whether account is eligible for WSC Interface processing.

Includes account in extract.

Excludes account from extract.

Default is N.

NOTE: Works in conjunction with account master field PI/8 (Date Account Closed) to determine whether to include close accounts.

If account closed after the last extract, the closed account is included in the next extract so that all transactions are sent to WSC.

Data Tag: AM.WSC/2

Choose from Tax Ledger

Identifies accounts for which to produce a WSC Tax Ledger.

Account receives a tax ledger from WSC. Value of L is sent to WSC indicating the account requires Tax Ledger reporting.

Account does not require a tax ledger.

Data Tag: AM.WSC/3

Choose from 1099r Via Wsc

Specifies whether to produce 1099-R forms.

Used in conjunction with field WSC/4 to determine whether to produce 5498 forms.

Produces 1099-R and 5498 forms for account.

Does not produce forms.

Default is N.

Required field for 1099-R and 5498 reporting.

Data Tag: AM.WSC/4

Data Format: Required field when WSC/3 = Y.

Specifies the account type (IRA, SEP, SIMPLE, Health, Medical and Education Savings) for 1099-R and 5498 processing.

Accepts a value from Table 280 (WSC Distribution/Contribution Table).

Data Tag: AM.WSC/5

Data Format: 3(A/N)

Specifies a Client ID-Payer ID to all tax forms for the account.

Accepts a valid Client ID-Payer ID from Table 283 (WSC Client ID-Payer ID Table).

Overrides value in the Client ID-Payer Designation Table (283) or corresponding value in the WSC group in function MIPT (Multi Institution Processing Table).

Data Tag: AM.WSC/6

Data Format: 2(A/N)

Required field if WSC/1=Y.

Contains TIN type to assign to all tax forms for selected account.

Accepts valid values from Table 285 (WSC TIN Type).

Data Tag: AM.WSC/7

Protected Field

MM/DD/CCYY

Protected field.

System-supplied date of the last data extract.

Data Tag: AM.WSC/8

Data Format: 1(N)

Optional field.

Contains entity code to use for Master Limited Partnership (MLP) processing.

Accepts value from Table 287 (Entity Code).

Updated Entity Code on Name and Address file to WSC.

Required for processing Master Limited Partnership information.

Data Tag: AM.WSC/9

Choose from Basis For 5498 Fmv

Specifies whether to calculate the 12/31 fair market value for 5498 tax forms via trade or settlement date for selected account.

Calculates fair market value via settlement date.

Calculates fair market value via trade date.

Default is S.

Data Tag: AM.WSC/10

Data Format: Specifies the payer for 1099-MISC forms.

Accepts a valid Client ID, Payer ID from Table 283 (WSC Client ID Table).

Used for 1099-MISC processing when the payer for form 1099-MISC is different than the payer for other tax forms.

Overrides value account master field WSC/5, Payer Designation Table (284), installation master field WSC/4 or corresponding value in the WSC group in function MIPT (Multi Institution Processing Table).

Data Tag: AM.WSC/13

Data Format: 1Line/50(A/N)

Contains city to use for Master Limited Partnership (MLP) processing.

Accepts 1 line of 50 characters.

Data Tag: AM.WSC/14

Table 8: State Postal Codes

Accepts a valid state code from Table 8 (State Postal Codes).

Data Tag: AM.WSC/15

Data Format: 5(N) or 9(N)

Optional field.

Contains tax codes to identify disbursement transactions as fees paid on the WSC transaction record.

Accepts valid tax codes from Table 4.

Wash Sales (WASH) Group

Account Master

Wash Sales Group

Field

Name/Format

Description