That’s right: in addition to e-filing Forms 1099-MISC, 1099-INT, 1099-DIV, and 1099-R with ExpressIRSForms, you can now e-file Form 1099-B directly with the IRS!
In an effort to provide our clients with as many options for federal e-filing as possible, we’ve begun the process of expanding and adding more forms, starting with Form 1099-B, Proceeds From Broker and Barter Exchange Transactions.
Form 1099-B, in other words, is used by brokers or those who authorize barter exchanges to report for whom they sold
- Regulated futures contracts,
- Foreign currency contracts,
- Forward contracts,
- Debt instruments,
- Options, or
- Securities futures contracts
Form 1099-B is due to be sent out by payers to recipients by February 15 the year following the year the transaction took place. Copy A of Form 1099-B must be filed with the IRS by February 28/29 unless you’re filing electronically. For those e-filing, Form 1099-B is due by March 31. If any of these dates fall on a weekend or federal holiday, the due date is extended to the next business day.
ExpressIRSForms clients can now e-file Form 1099-B with the IRS! And although the deadline for recipient copies was earlier this week, we’ll still send them out for you if you opt for postal mailing before you e-file! Better late than never, right?
And don’t forget that if you have any questions during the e-filing process, we’ll be happy to help! Our customer support team is available 24/7! We offer phone (704-684-4751) and live chat support during our office hours of Monday-Friday, 9:00 a.m. to 6:00 p.m. EST. And we offer email support round the clock at support@ExpressIRSForms.com.
Be sure to stay tuned with ExpressIRSForms for all the upcoming changes and new forms in store for you!