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.
software makes it easy to import, print and/or efile IRS
Form 1099-OID quickly and easily.
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
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 sell the 1099-OID software to individuals.
Our 1099-OID Software...
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.
and 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 full page.
1099-OID's electronically with the IRS.
creates 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
is the only company to offer
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.
button to view the total values for each particular payer
of the 1099-OID.
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.
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.
Copy B to the payer by January 31.
A of this form with the IRS by February 28. If you file electronically,
the due date is March 31.
(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
returns can be stressful. We can help eliminate the stress
of filing information returns by providing complete, secure
outsourcing solutions for 1097, 1098, 1099, 3921, 3922,
5498, 8027, 8955-SSA, W-2, W-2G and 1042-S
eFiling and Forms Management.
reduce administrative costs and know that the job will get