Who Files Form 1099-S
Basically, if you oversee a sale or exchange of real estate, you’re required to file Form 1099-S to report that transaction. For IRS regulation purposes, reports must be made for transactions that consist in whole - or in part - of selling any present or future ownership interest in any of the following:
When to File Form 1099-S
A copy of Form 1099-S must be mailed to the transferor(s) of the property/properties by the real estate agent by February 15 of the year following the year in which the transaction occurred. If paper filing Form 1099-S with the IRS, the return must be mailed by February 28 or 29; and when e-filing Form 1099-S, your return must be transmitted by March 31.
Where to File Form 1099-S
Of course, you can always easily e-file Form 1099-S with us! We’ll talk more on that later. But if you absolutely have your heart set on paper filing, first make sure you have fewer than 250 forms to file; if you have more than 250, the IRS requires you to e-file. Then, if you’re able to paper file, all you need to do is mail your return to
if your principal business or legal residence is in Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida, Georgia, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Vermont, Virginia, or West Virginia.
If your principal business is in any other state, including Washington, D.C., mail your 1099-S return to
How to E-file Form 1099-S
Now for the fun part! If you want to go the easier, more secure route, you can e-file your Form 1099-S return with ExpressIRSForms. Well, once you log in, you’ll be filing with ExpressTaxFilings, but that’s just a technical distinction for the IRS; we’re all still the same e-file provider you know and trust.
Anyway, all you have to do to e-file Form 1099-S with us is create or log into your account and select the Start New Form button. Choose Form 1099-S from the 1099 options listed on the next screen. Next, you’ll just add your filer, transferor, and transaction details and review your form(s)! Before you transmit, you can select whether you’d like us to mail your transferor copies for you, then just pay the one-time transmittal fee and securely send your forms off to the IRS. Easy as pie!
You can find more detailed instructions for completing a Form 1099-S return from the IRS here. And if you have any questions about e-filing your 1099-S return, don’t hesitate to reach out to us! We’re available by phone, live chat, and email to help with any e-filing needs you have!
Basically, if you oversee a sale or exchange of real estate, you’re required to file Form 1099-S to report that transaction. For IRS regulation purposes, reports must be made for transactions that consist in whole - or in part - of selling any present or future ownership interest in any of the following:
- Improved or unimproved land, including air space
- Residential, commercial, or industrial buildings/structures deemed to be inherently permanent
- Condominium units, including land, appurtenant fixtures, and all other common elements
- Cooperative housing corporation stock
- Non-contingent interest in standing timber
When to File Form 1099-S
A copy of Form 1099-S must be mailed to the transferor(s) of the property/properties by the real estate agent by February 15 of the year following the year in which the transaction occurred. If paper filing Form 1099-S with the IRS, the return must be mailed by February 28 or 29; and when e-filing Form 1099-S, your return must be transmitted by March 31.
Where to File Form 1099-S
Of course, you can always easily e-file Form 1099-S with us! We’ll talk more on that later. But if you absolutely have your heart set on paper filing, first make sure you have fewer than 250 forms to file; if you have more than 250, the IRS requires you to e-file. Then, if you’re able to paper file, all you need to do is mail your return to
Department of the Treasury
Internal Revenue Service Center
Austin, TX 73301
if your principal business or legal residence is in Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida, Georgia, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Vermont, Virginia, or West Virginia.
If your principal business is in any other state, including Washington, D.C., mail your 1099-S return to
Department of the Treasury
Internal Revenue Service Center
Kansas City, MO 64999
How to E-file Form 1099-S
Now for the fun part! If you want to go the easier, more secure route, you can e-file your Form 1099-S return with ExpressIRSForms. Well, once you log in, you’ll be filing with ExpressTaxFilings, but that’s just a technical distinction for the IRS; we’re all still the same e-file provider you know and trust.
Anyway, all you have to do to e-file Form 1099-S with us is create or log into your account and select the Start New Form button. Choose Form 1099-S from the 1099 options listed on the next screen. Next, you’ll just add your filer, transferor, and transaction details and review your form(s)! Before you transmit, you can select whether you’d like us to mail your transferor copies for you, then just pay the one-time transmittal fee and securely send your forms off to the IRS. Easy as pie!
You can find more detailed instructions for completing a Form 1099-S return from the IRS here. And if you have any questions about e-filing your 1099-S return, don’t hesitate to reach out to us! We’re available by phone, live chat, and email to help with any e-filing needs you have!
