1099-OID is an annual report sent
to investors and the Internal Revenue Service that lists interest income from
taxable original-issue discount securities. The form, which originated during the
1984 tax year, reports the amount of implied and real income derived from
original-issue discount securities such as Treasury bills, zero-coupon bonds, and
commercial paper. Income shown on a 1099-OID is to be included on Part 1 in Schedule
D of an investor's federal income tax return.
Our 1099-OID software makes it
easy to import, print and/or efile IRS Form 1099-OID quickly and
|Banks and Financial
We can only sell the
1099-OID software to Banks or Financial Institutions
1. The name of the Bank
and/or financial institution
2. A valid FDIC number
and/or ABA routing number of that Bank and/or Financial
ordering, we will call or e-mail an employee from the
Bank that purchased the software to provide the passcode
to register the software.
We can not and will not
sell the 1099-OID software to individuals.
Copy A has the look and feel of a normal sheet of paper printed with
a special red ink. If you submit Copy A by mail to the IRS, it
must be submitted on their paper with their
special ink. Copy B and Copy C of the 1099-OID can be printed on ordinary paper
with black ink.
With our software, you type information on the screen as it would be
typed on the form itself. Or
import the data! Detach
the perforated edge from Copy A, insert into your printer, and the
software will print your data neatly on top of the form.
horizontal printing offsets so that your data prints perfectly on the form each
and every time.
Copy B can be printed with 3
information returns per page or 1-per page and the instructions
below. Consider the two PDFs below:
1099-OID Copy B (3-per page)
1099-OID Copy B (with instructions/1-per page)
Printing with instructions is
very useful and informative for the recipient, but it takes the
One Touch E-Filing...
File unlimited 1099-OID's
electronically with the IRS.
files in the format required by the IRS for electronic
transmission. The system is updated each year to reflect the
format changes that are made by the IRS.
1099FIRE is the
only company to offer
E-Filing. Just click a
button and the software will automatically log in and upload
your file to the IRS FIRE system. You will receive verification
within seconds of receipt of your file.
Click a button
to view the total values for each particular payer of the
may be stored/saved anywhere on your hard drive or to external
diskettes for quick retrieval. You can also export your
data to a csv file format.
You have data
in Excel or some type of spreadsheet and you want to import that
data into the 1099Fire™ software, rather than type it in by
hand. Its easy to do.
Furnish Copy B to the
January 31, 2013.
File Copy A of this form with the
IRS by February 28, 2013. If you file electronically, the due date is
April 1, 2013.
Screenshots: (when viewing
these images in internet explorer, you might have to click on the image a 2nd time
to view at full size)
1096 Data Entry
1099-OID Data Entry
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