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Interest and Interest-Dividend Information Returns

The due date for furnishing information returns for payments of interest or interest-dividends made

during the 2011 tax year is June 1, 2012. Provide this information to FTB separately from the other

interest or interest-dividend information returns that are due by February 28, 2012.

For assistance with creating your data file, see the Technical Assistance information on PAGE 4.

250 or More Returns

If you have 250 or more returns, you must provide the information electronically, on diskette, or on

compact disk (CD). See the transmittal and instructions on PAGES 3 and 4.

You can submit the files electronically using Secure Web Internet File Transfer (SWIFT) after an

account has been established. To set up a new SWIFT account, email your request to

bondintswift@ftb.ca.gov and provide the following information to create your new account:

1. Company name and address

2. Business contact (name, email address, and phone)

3. Technical contact (name, email address, and phone)

We also accept diskettes and CDs but you must format the 3.5 inch diskettes on an MS-DOS

operating system. For larger files, we accept ZIP files that are correctly formatted.

Fewer Than 250 Returns

If you have fewer than 250 returns, you must provide the information on either a data file or paper.

For paper filing, use the Hard Copy Reporting Form provided on PAGE 5. Make additional copies of

the form, as necessary.

Modifications to Internal Revenue Service (IRS) Publication 1220 Specifications

The format specifications for reporting interest and interest-dividend payments to FTB are similar to

IRS specifications for 1099-B reporting in IRS Publication 1220. Exceptions to IRS specifications for

bonds and funds are listed below:

Bonds

Use 1099-B format to record earnings on each state or local government bond. Report the

income as if it were taxable for federal purposes. A return is due for each bond on which

interest was paid.

Enter payment amounts in positions 55-66 of the payee "B" record. Right-justify, zero-fill.

Enter the required CUSIP number in positions 556-568. Left-justify, blank-fill.

Enter the issuer or security name in positions 569-607. Left-justify, blank-fill.

Funds

Use 1099-B format to record earnings from mutual funds, money market funds, and unit

investment trusts. Report the income as if it were taxable for federal purposes.

Use a separate "A" record for each fund reported. Use positions 40-42 of the "A" record to

report the percentage of mutual fund portfolio income distribution attributable to bonds issued

by California, Puerto Rico, Guam, and the Virgin Islands, rounded to the nearest whole number

(e.g., 25.4 percent would be reported as 025; 25.5 percent would be reported as 026; 99.5

percent would be reported as 100).

Enter payment amounts in positions 55-66 of the payee "B" record. Right-justify, zero-fill.

Enter the required CUSIP number of the fund in positions 556-568. Left-justify, blank-fill.

FTB 4800 MEO (REV 10-2011) PAGE 2

Form Ftb 4800 Meo - Federally Tax-Exempt Non-California Bond Interest And Interest-Dividend Payment Information Media Transmittal Page 2