IAT and TINS IAT Indicator Tutorial
The IAT Indicator
What is it and what is it for?
An IAT Indicator (IAT IND) field has been added to several TINS screens to provide agencies with the means to monitor a TIN that has indicated potential for IAT payments. This monitoring should be a part of an agency’s due diligence.
The IAT Indicator field should be applied by a state agency when a payee indicates YES on an ACH (Direct Deposit) Payment Destination Confirmation form (74-227), confirming their direct deposit payments may be destined for a financial institution outside of the U.S.
The indicator also serves as a cautionary flag to all agencies about this TIN. When a payee has the potential to be paid by multiple state agencies, it is important that the IAT Indicator be in place.
Research
Before making a payment to a payee, agencies should research for an existing record in TINS. If the TIN is established, close attention should be given to the IAT IND field located on the PYADDR screen (see the following examples). The IAT IND is set up at the payee master level; therefore, it will display on all mail codes, even when inquiries are specific to a particular mail code.
The IAT IND can be viewed, set or removed by all state agencies. The Payee Maintenance History screen (PMTHIS) in TINS allows you to identify what agency has taken an IAT IND action. The system provides a line of history detail on the action taken and identifies the agency.
Other screens that show the indicator are PYDIST, PYMAST, PYWRNT, PYVEN1 and PVOUIN.
PYADDR with no IAT IND set (blank)
PYADDR.1XXXXXXXXX6 MM/DD/YY
PAYEE NUMBER: 1XXXXXXXXX6 TAXPAYER NUMBER: 1XXXXXXXXX6
OWNERSHIP TYPE: SOLE OWNER IAT IND:
ACTIVE MC CNT: 33 1099 MC LOOKUP: PF12 NEXT AVAILABLE MC: 018
MAIL CODE: 000 SIC CODE: 9999 SECURITY TYPE: 1 SECURING SOURCE: 123
STATUS: A ON HOLD TELEPHONE:
UNMASK TIN: Y HOLD BYPASS: 2 IRS TAX LEVY, BANKRUPTCY
NAME: INTERNAL REVENUE SERVICE ADDRESS IND:
ADDRESS: FOR NAME OF BUSINESS
CITY: CITY STATE: TX ZIPCODE: ZONE CODE:
END OF DISPLAY - PF1=HELP, PF3=QUIT, PF4=MENU, PF5=MAIN
PYADDR with IAT IND set
PYADDR.1XXXXXXXXXXX MM/DD/YY
PAYEE NUMBER: 1XXXXXXXXXXX TAXPAYER NUMBER:
OWNERSHIP TYPE: GOVERNMENTAL ENTITY IAT IND: Y
ACTIVE MC CNT: 5 1099 MC LOOKUP: PF12 NEXT AVAILABLE MC: 005
MAIL CODE: 000 SIC CODE: 9999 SECURITY TYPE: 1 SECURING SOURCE: 902
STATUS: A TELEPHONE:
NAME: CITY OF TEXAS ADDRESS IND: S
ADDRESS: PO BOX 907
CITY: City STATE: TX ZIPCODE: ZONE CODE: 214
CONTINUE - PF1=HELP, PF3=QUIT, PF4=MENU, PF5=MAIN, PF8=FRWD, PF11=BOT
The next section provides steps to take, depending on your situation.
Next: Using the IAT Indicator