1. 1099 Year-End Processing Guide
  2. Understanding IRS 1099 Reporting

Understanding IRS 1099 Reporting

After you build the worktables for 1099 processing and review the corresponding reports, you report year-end earnings information to suppliers and to the IRS as follows:

  • In January, you report information to suppliers. The recipient copy of supplier information must be postmarked.

  • In March, you report information to the IRS if you use electronic filing.

See also:

  • U.S. Department of the Treasury, IRS Publication 1220, General Instructions for Forms 1098, 1099, 5498 and W-2G Electronically.

  • IRS publication 1220 for due dates.

  • This document provides information about the types of media that the IRS accepts.