Understanding the CUSIP Number Entry

According to the IRS requirements, for tax-exempt bonds, you need to enter the CUSIP number for the tax-exempt bond for which you have reported tax-exempt interest in Box 8. This means that you need to enter CUSIP numbers for all 67 type of return (TOR) records. If a CUSIP number was not exempt for the tax-exempt bond, you leave Box 10 blank.

You use the 1099 Securities ID Adjustments program (P04514SI) to enter CUSIP number for TOR 67 records that exist in the F04514 table. The system stores these records in the F045145 table. For a single year, you can make one entry for a TOR record. Once you make an entry for a record for a year, you can just modify the record for CUSIP number type. You cannot delete a record from the F045145 table.