Overview of 1099 Forms

• A 1099 form is an information return used for reporting certain business transactions to the IRS.

• It is not an income tax return but instead provides information that helps both taxpayers and the IRS track income for tax purposes.

• There are many different types, including 1099, 1098, 1099-S, 1097-BTC, 3921, 3922, 5498, 8027, 8955-SSA, W-2G, and more.

Form Layout

• A typical Form 1099 has 3 pages:

  • Copy A → sent to the IRS.

  • Copy B → given to the payer.

  • Copy C → sent to the payee.

• Some versions (e.g., 1099-MISC) include additional Copy 1 and Copy 2.

• Copy A looks like a standard sheet of paper, but Copy B and C are thinner, tissue-paper-like forms.

• Layout is standardized:

  • “Void” and “Corrected” checkboxes at the top.

  • Payer info (top left), then Payee info, then account numbers, then specific transaction details.

Form Dates

• Always filed on a calendar year basis (Jan 1 – Dec 31).

• IRS deadline: Must be filed with the IRS by end of February (following the year of payment).

• Recipient deadline: Copies must be sent to payees by end of January.

Obtaining Forms for Free

• IRS provides official forms for free (red-ink special paper required for Copy A).

• Order by calling 1-800-TAX-FORM (800-829-3676) or online.

• Up to 100 forms per call.

• Shipping usually takes 3 days to 2 weeks.

• Link was provided in the document: “Order the red-ink 1099 forms for free.”

Software Features

• The software allows you to:

  • Print data directly onto the official IRS forms.

  • Adjust for vertical and horizontal print offsets.

  • Print Copy B and C on plain paper using black ink.

  • Convert Copy B to PDF for emailing to recipients.