2023 1099 Filing Requirements

1099 Guide to Information Returns

The series of 1099 forms are filed for various payments made to non-employees of a business, or for other reasons as required by the government. If any date shown falls on a Saturday, Sunday or legal holiday, the due date is the next business day.

*The due date is March 15 for reporting by trustees and middlemen of WHFITs.
FORMTITLEWHAT TO REPORTAMOUNTS TO REPORTIRS/SSA DUE DATETO RECIPIENT DUE DATE
1042SForeign Person’s U.S. Source Income Subject to WithholdingIncome such as interest, dividends, royalties, pensions and annuities, etc., and amounts withheld under Chapter 3. Also, distributions of effectively connected income by publicly traded partnerships or nominees.See form InstructionsMarch 15March 15
1094BTransmittal of Employer-Provided Health Insurance Offer and Coverage Information ReturnsSummary transmittal record of 1095-Bs.TBDFeb 28 Paper, N/AN/A
1094CTransmittal of Employer-Provided Health Insurance Offer and Coverage Information ReturnsSummary transmittal record of 1095-Cs.TBDFeb 28 Paper, N/AN/A
1095BHealth CoverageWhich months the insured and his or her family was covered under the plan.TBDInsurance Carrier submits Feb 28 Paper,March 2
1095CEmployer-Provided Health Insurance Offer and CoverageWhether or not the employer offered health coverage to employees.TBDJanuary 31March 2
1098Mortgage Interest StatementMortgage interest (including points) and certain mortgage insurance premiums you received in the course of your trade or business from individuals and reimbursements of overpaid interest.$600 or moreFeb. 29 Paper or Mar. 31 ElectronicTo Payer/Borrower) January 31
1098CContributions of Motor Vehicles, Boats, and Airplanes InformationRegarding a donated motor vehicle, boat, or airplane.Gross proceeds of more than $500Feb. 29 Paper or Mar. 31 Electronic (To Donor) 30 days from day of sale or contribution
1098EStudent Loan Interest StatementStudent loan interest$600 or moreFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1098TTuition StatementSee InstructionsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099AAcquisition or Abandonment of Secured PropertyInformation about the acquisition or abandonment of property that is security for a debt for which you are the lender.All amountsFeb. 29 Paper or Mar. 31 Electronic(To Borrower)January 31
1099BProceeds From Broker and Barter Exchange TransactionsSales or redemptions of securities, futures transactions, commodities, and barter exchange transactions.All amountsFeb. 29 Paper or Mar. 31 ElectronicFebruary 15*
1099CCancellation of DebtAmounts you canceled as a cancellation of debt issued in the course of your trade or business. Issued mainly by lenders and the U.S. government to persons for whom a debt was canceled. Also issued by a corporation that is the creditor to a debtor corporation where the debtor corporation cancels or forgives the debt or by an organization in its business of lending money.$600 or moreFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099CAPChanges in Corporate Control and Capital StructureInformation about cash, stock, or other property from an acquisition of control or the substantial change in capital structure of a corporation.Amounts of stock or property valued at $1,000 or moreFeb. 29 Paper or Mar. 31 Electronic(To Shareholders) January 31
1099DIVDividends and DistributionsDistributions, such as dividends, capital gain distributions, or nontaxable distributions, that were paid on stock and liquidation distributions.$10 or more, except $600 or more for liquidationsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31*
1099GCertain Government PaymentsUnemployment compensation, state and local income tax refunds, agricultural payments, and taxable grants.$10 or more for refunds and unemploymentFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099INTInterest IncomeInterest income. Tax-exempt interest and U.S. Savings Bonds and Treasury obligations interest are also reported on this form.$10 or more ($600 or more in some cases)Feb. 29 Paper or Mar. 31 ElectronicJanuary 31*
1099LTCLong Term Care and Accelerated Death BenefitsPayments under a long-term care insurance contract or accelerated death benefits paid from a life insurance policy or annuity contract.All amountsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099MISCMiscellaneous IncomeRent or royalty payments; prizes and awards that are not for services, such as winnings on TV or radio shows.$600 or more, except $10 or more for royaltiesPaper: February 28 Electronic: March 31stJanuary 31*
Payments to crew members by owners or operators of ng boats including payments of proceeds from sale of catch.All amounts
Section 409A income from nonqualified deferred compensation plans (NQDCs).All amounts
Payments to a physician, physicians’ corporation, or other supplier of health and medical services. Issued mainly by medical assistance programs or health and accident insurance plans.$600 or more
Fish purchases paid in cash for resale.$600 or more
Crop insurance proceeds.$600 or more
Substitute dividends and tax-exempt interest payments reportable by brokers.$10 or moreFebruary 15
Gross proceeds paid to attorneys.$600 or moreFebruary 15
A U.S. account for chapter 4 purposes to which you made no payments during the year that are reportable on any applicable Form 1099 (or a U.S. account to which you made payments during the year that do not reach the applicable reporting threshold for any applicable form 1099) reported pursuant to an election described in Regulations section 1.1471-4(d)(5) (i)( A).All amounts (including $10)January 31*
Aggregated direct sales of consumer goods for resale.$5,000 or moreJanuary 31*
1099NECNonemployee Compensation Payments for services performed for a trade or business by people not treated as its employees. Examples: fees to subcontractors or directors and golden parachute payments.$600 or moreJanuary 31January 31
Aggregated direct sales of consumer goods for resale.$5,000 or More
1099OIDOriginal Issue DiscountOID on U.S. Treasury obligations and tax-exempt OID are also reported on this form. Stated interest (other than stated interest that is OID) may be reported on this form.$10 or moreFeb. 29 Paper or Mar. 31 ElectronicJanuary 31*
1099PATRTaxable Distributions Received From CooperativesDistributions from cooperatives passed through to their patrons including any domestic production activities deduction and certain pass-through credits.$10 or moreFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099QPayments from Education Programs (Under Sections 529 and 530)All amountsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099RProfit-Sharing Plans, IRAs, Insurance Contracts, etc.Distributions from retirement or profit-sharing plans, any IRA, insurance contracts, and IRA recharacterizations.$10 or moreFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
1099SProceeds From Real Estate TransactionsGross proceeds from the sale or exchange of real estate and certain royalty payments.Generally, $600 or moreFeb. 29 Paper or Mar. 31 ElectronicFebruary 15
1099SADistributions from an HSA, Archer MSA, or Medicare Advantage MSADistributions from an HSA, Archer MSA, or Medicare Advantage MSA.All amountsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
3921Exercise of an Incentive Stock Option Under Section 422(b)Transfer of stock pursuant to the exercise of an incentive stock option under section 422(b).All amountsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
3922Transfer of Stock Acquired Through an Employee Stock Purchase Plan Under Section 423(c)Transfer of stock acquired through an employee stock purchase plan under section 423(c).All amountsFeb. 29 Paper or Mar. 31 ElectronicJanuary 31
5498IRA Contribution InformationContributions (including rollover contributions) to any individual retirement arrangement (IRA) including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account (including information on hard-to-value assets).All amountsMay 31 (To Participant) For FMV/RMD/SIMPLE IRA contributions, January 31; For all other contributions, May 31
5498ESACoverdell ESA Contribution InformationContributions (including rollover contributions) to a Coverdell ESA.All amountsMay 31April 30
5498SAHSA, Archer MSA, or Medicare Advantage MSA InformationContributions to an HSA (including transfers and rollovers) or Archer MSA and the FMV of an HSA, Archer MSA, or Medicare Advantage MSA.All amountsMay 31 (To Participant)May 31