Form 1099 flow
Subcontractors, Rental Payments, or Prizes
Banking or Other Financial Institutions
Dividends and Distributions
Distributions From Pensions, Annuities, Retirement, etc.
Depends on each state
1099 Forms Available Through ExpressIRSForms
Due Dates for Tax Year 2016
Provide 2016 Form 1099 to all Recipients
Paper Filing Deadline to send the 2016 Form 1099
E-file Deadline for 2016 IRS
Form 1099 Corrections
A 1099 Correction Form can be used to amend a previously filed Form 1099. At ExpressIRSForms, our step-by-step guided program makes filing 1099 Correction Forms easier than ever, whether you filed your original 1099 forms with us or not.
If you filed electronically, Form 1099 is due by March 31, 2015. Corrections can be filed after the due date, however you will need to notify the IRS of the correction before submitting it.
Form 1099 Extension
You can file Form 8809, Application for Extension of Time to File Information Returns, with ExpressIRSForms to get an automatic 30-day extension to file your 1099 forms. No signature or explanation is required for the extension, you’ll just need to file Form 8809 by your original due date.
The IRS will send you a letter of explanation approving or denying your request for an additional extension.
Form 1099 Penalties
If you fail to file your 1099 forms correctly, on time, or at all, you could face an IRS penalty. Your total penalty is based on when you’re able to submit the corrected form(s) to the IRS. You can also face a penalty for paper filing when you’re required to e-file.