What's New

NS Quill What Is New For NoteSmith 2019

Details about the more significant features of the latest release appear below, most of which were based on user feedback during the year. The new annual version is available to first time customers starting in November and to renewal subscribers in January.

New, revised, or updated for NoteSmith, NoteSmith Pro, and NoteSmith Net

  • Online filing of revised IRS 1098 for 2018 tax year; print entire 1098, 1099-A, or 1099-C payor/payee B and C copies on blank paper; only the new NoteSmith can submit files or fill in the new IRS forms due January 2019
  • Revised electronic filing requirements for 2018 tax year. Implemented and tested in the IRS FIRE electronic submission system
  • New IRS 1098 and 1096 include format changes with revised locations of checkboxes and account information. These are in addition to the new requirements for 2017 that included a field for reporting the number of properties (in excess of one) that secure a single mortgage; and a field for entering the actual note origination date; read the IRS instructions!
  • Numerous minor features and improvements added based on user feedback
  • Download the complete future year Flash Drive from Help, Technical Support near year end, receive Installation Guide and Media Key by email
  • Technical support is available weekends in January for installation issues and importing older data

NS Quill What Was New For NoteSmith 2018

Details about the more significant features of the previous release appear below.

New, revised, or updated for NoteSmith, NoteSmith Pro, and NoteSmith Net

  • Online filing of IRS 1098; print entire 1098, 1099-A, or 1099-C payor/payee B and C copies on blank paper; only the new NoteSmith® can submit files or fill in the new IRS forms due January 2018
  • New IRS 1098 now includes a field for reporting the number of properties (in excess of one) that secure a single mortgage; now includes a field for entering the actual note origination date; is now a two up form with additional loan information required; read the IRS instructions!
  • New IRS Form 4419 for requesting a Transmitter Control Code (TCC) for electronic filing of 1098 and 1099-INT
  • New IRS Bankruptcy Form 410 for Proof of Claim, replacing previous Form B10
  • Warning that loan numbers and investor codes should not include spaces or certain punctuation for use with credit bureau, IRS, and personal web site exporting
  • Numerous minor features added based on user feedback, including more instructions and warnings

New, revised, or updated for NoteSmith Pro and NoteSmith Net

  • Electronic filing of new IRS 1098 now includes a field for reporting the number of properties (in excess of one) that secure a single mortgage
  • Plain paper printing of B&C copies of 1099-INT including new state version due January 2018, paper or electronic filing of 1099-INT
  • Plain paper printing of the latest IRS 6252
  • Optional web sites add new Due Dates and Register pages, can be filtered by investor for privacy; site is one column formatted for use on mobile devices
  • More network error messages and folder checks to help when installation directions were not followed