Poster Tracker TrackSmart HRdirect PosterGuard
Live Chat
LOGIN SIGN UP
Filing Resources ยป 1099-S

1099-S

Proceeds from Real Estate Transactions

Key Filing Dates & Reminders

Download a calendar with key IRS reminders.

1099 Corrections

Need to make a correction?No problem! Here's what you must do.

W-2 Reporting

Review important requirements for employee filing.

Form 1099-S
1099-S At a Glance

Who: Real estate brokers and other professionals involved in property transactions

When: 1099-S forms must be mailed to recipients by January 31, and e-filed with the IRS by March 31

Where: To the IRS

Why: To report the proceeds from the sale or exchange of real estate and certain royalty payments

What You Need to Know About Form 1099-S

The 1099-S is used to report the proceeds from the sale or exchange of real estate and certain royalty payments. This includes transactions that consist of sale or exchange for money, indebtedness, property, or services of any present or future ownership interest in:

Applicable businesses: Real estate brokers, banks, real estate agents, escrow companies, title companies, real estate lawyers and attorneys for property transactions.

When to file: 1099-S forms must be mailed to recipients by January 31, and e-filed with the IRS by March 31 each year.

Start using efile4Biz today
Free to try. You only pay when you're ready to file.