PDF document

- 1 -

                              Userid: CPM                       Schema:        Leadpct: 100% Pt. size: 10         Draft     Ok to Print
                                                                instrx
AH XSL/XML                    Fileid: … 099general/2024/a/xml/cycle04/source                                 (Init. & Date) _______

Page 1 of 31                                                                                                 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

                                                                                                             Department of the Treasury
                                                                                                             Internal Revenue Service
2024

General Instructions for 

Certain Information Returns

(Forms 1096, 1097, 1098, 1099, 3921, 3922, 5498, and W-2G)

Section references are to the Internal Revenue Code                            aggregating all information returns), effective for 
unless otherwise noted.                                                        information returns required to be filed on or after January 
                                                                               1, 2024. Go to IRS.gov/InfoReturn for e-file options.
Contents                                                                  Page
What’s New    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1  Future Developments
Future Developments         . . . . . . . . . . . . . . . . . . . . . . . . 1  For the latest information about developments related to 
Reminders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   1  the General Instructions for Certain Information Returns 
Items You Should Note         . . . . . . . . . . . . . . . . . . . . . . . 2  after they were published, go to General Instructions for 
Guide to Information Returns . . . . . . . . . . . . . . . . . . .          2  Certain Information Returns at IRS.gov/
A. Who Must File      . . . . . . . . . . . . . . . . . . . . . . . . . . . 2  1099GeneralInstructions.

B. Other Information Returns . . . . . . . . . . . . . . . . . . .          6  Reminders
C. When To File     . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
                                                                               Information Reporting Intake System (IRIS).         The IRS 
D. Where To File . . . . . . . . . . . . . . . . . . . . . . . . . . . .    7
                                                                               has developed IRIS, an online portal that allows taxpayers 
E. Filing Returns With the IRS          . . . . . . . . . . . . . . . . . . 7  to electronically file (e-file) information returns after 
F. Electronic Reporting       . . . . . . . . . . . . . . . . . . . . . . . 8  December 31, 2022, for 2022 and later tax years. IRIS is a 
G. Paper Document Reporting . . . . . . . . . . . . . . . . . .             9  free service. See part F or go to IRS.gov/IRIS for 
H. Corrected Returns on Paper Forms                 . . . . . . . . . . .   10 additional information and updates.
I. Void Returns   . . . . . . . . . . . . . . . . . . . . . . . . . . . .   11 Where to send extension of time to furnish state-
J. Recipient Names and Taxpayer Identification                                 ments to recipients. An extension of time to furnish the 
Numbers (TINs)            . . . . . . . . . . . . . . . . . . . . . . . .   13 statements is now a fax-only submission. See Extension 
K. Filer's Name, Taxpayer Identification Number                                of time to furnish statements to recipients, later, for more 
(TIN), and Address . . . . . . . . . . . . . . . . . . . . . .              14 information.
L. Account Number Box on Forms                . . . . . . . . . . . . . .   14 Due date for certain statements sent to recipients. 
M. Statements to Recipients (Beneficiaries,                                    The due date for furnishing statements to recipients for 
Borrowers, Debtors, Donors, Employees,                                         Forms 1099-B, 1099-S, and 1099-MISC (if amounts are 
Insureds, Participants, Payment or Credit                                      reported in boxes 8 or 10) is February 17, 2025. This also 
Recipients, Payers, Policyholders, Sellers,                                    applies to statements furnished as part of a consolidated 
Shareholders, Students, Transferors, or                                        reporting statement. See the Guide to Information Returns 
Winners on Certain Forms)                 . . . . . . . . . . . . . . . .   15 for due dates for all returns.
N. Backup Withholding         . . . . . . . . . . . . . . . . . . . . . .   18 E-file.   E-filers are reminded that using the FIRE System 
O. Penalties  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   19 requires following the specifications contained in Pub. 
P. Payments to Corporations and Partnerships                    . . . . .   21 1220. IRIS users should follow the specifications in Pub. 
Q. Earnings on Any IRA, Coverdell ESA, ABLE                                    5717, IRIS Taxpayer Portal User Guide. Also, the IRS 
Account, Archer MSA, or HSA . . . . . . . . . . . . . .                     21 does not provide a fill-in form option for most forms 
R. Certain Grantor Trusts . . . . . . . . . . . . . . . . . . . . .         21 required to be filed with the IRS covered by these 
S. Special Rules for Reporting Payments Made                                   instructions; however, see Online fillable forms in part E, 
Through Foreign Intermediaries and Foreign                                     later. See part F for information on e-file.
Flow-Through Entities on Form 1099                      . . . . . . . . .   21 Online fillable forms Copies 1, B, 2, C, and D.     Copies 
T. How To Get Tax Help . . . . . . . . . . . . . . . . . . . . . .          23 1, B, 2, C, and D, as applicable, to be furnished to 
Privacy Act and Paperwork Reduction Act Notice                      . . .   24 recipients and kept in filers’ records, have been made 
Guide to Information Returns            . . . . . . . . . . . . . . . . .   26 fillable online at IRS.gov for many forms referenced in 
                                                                               these instructions. See the separate instructions for Forms 
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
                                                                               1098, 1098-E&T, 1098-F, 1098-Q, 1099-A&C, 1099-B, 
What’s New                                                                     1099-DIV, 1099-G, 1099-INT&OID, 1099-K, 1099-LS, 
                                                                               1099-MISC&NEC, 1099-PATR, 1099-R&5498, 1099-S, 
E-filing returns.       The Taxpayer First Act of 2019                         1099-SB, and 3921.
authorized the Department of the Treasury and the IRS to 
issue regulations that reduce the 250-return e-file                            Payee.    Throughout these instructions, the term “payee” 
threshold. T.D. 9972, published February 23, 2023,                             means the person with respect to whom Forms 1097, 
lowered the e-file threshold to 10 (calculated by                              1098, 1099, 3921, 3922, 5498, or W-2G are required to be 

Jan 26, 2024                                                              Cat. No. 27976F

- 2 -

Page 2 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

filed, including beneficiaries, borrowers, debtors, donors, Use Form 1096 To Send Paper Forms to the IRS
employees, insureds, participants, payment or credit You must send Copies A of all paper Forms 1097, 1098,
recipients, policyholders, sellers, shareholders, students, 1099, 3921, 3922, 5498, and W-2G to the IRS with Form
transferors, and winners. 1096, Annual Summary and Transmittal of U.S.
Information Returns. Instructions for completing Form
Items You Should Note 1096 are contained on Form 1096. Also see part E.

Photographs of Missing Children Reporting Backup Withholding on Forms 1099
The Internal Revenue Service is a proud partner with the and W-2G
National Center for Missing & Exploited Children® If you backup withhold on a payment, you must file the
(NCMEC). Photographs of missing children selected by appropriate Form 1099 or Form W-2G with the IRS and
the Center may appear in instructions on pages that would furnish a statement to the recipient to report the amount of
otherwise be blank. You can help bring these children the payment and the amount withheld. This applies even
home by looking at the photographs and calling though the amount of the payment may be below the
1-800-THE-LOST (1-800-843-5678) if you recognize a normal threshold for filing Form 1099 or Form W-2G. For
child. how to report backup withholding, see part N.

Available Instructions Substitute Statements to Recipients
In addition to these general instructions, which contain If you are using a substitute form to furnish information
general information concerning Forms 1096, 1097, 1098, statements to recipients (generally Copy B), be sure your
1099, 3921, 3922, 5498, and W-2G, we provide specific substitute statements comply with the rules in Pub. 1179.
form instructions separately. Get the instructions you need Pub. 1179, which is revised annually, explains the
for completing a specific form from the following list of requirements for format and content of substitute
separate instructions. statements to recipients. See part M for additional
• Instructions for Form 1097-BTC. information.
• Instructions for Form 1098.
• Instructions for Form 1098-C. Taxpayer Identification Number (TIN) Matching
• Instructions for Forms 1098-E and 1098-T. TIN Matching allows a payer or authorized agent who is
• Instructions for Form 1098-F. required to file Forms 1099-B, DIV, G, INT, K, MISC, NEC,
• Instructions for Form 1098-Q. OID, and/or PATR, which report income subject to backup
• Instructions for Forms 1099-A and 1099-C. withholding, to match TIN and name combinations with
• Instructions for Form 1099-B. IRS records before submitting the forms to the IRS. TIN
• Instructions for Form 1099-CAP. Matching is one of the e-services products that is offered
• Instructions for Form 1099-DIV. and is accessible through the IRS website. For program
• Instructions for Form 1099-G. guidelines, see Pub. 2108-A, or go to IRS.gov and enter
• Instructions for Form 1099-H. keyword “TIN Matching” in the upper right corner. It is
• Instructions for Forms 1099-INT and 1099-OID. anticipated that payers who validate the TIN and name
• Instructions for Form 1099-K. combinations before filing information returns will receive
• Instructions for Form 1099-LS. fewer backup withholding (CP2100) notices and penalty
• Instructions for Form 1099-LTC. notices. E-services technical support is available by
• Instructions for Forms 1099-MISC and 1099-NEC. calling 866-255-0654.
• Instructions for Form 1099-PATR.
• Instructions for Form 1099-Q.
A. Who Must File
• Instructions for Forms 1099-QA and 5498-QA.
• Instructions for Forms 1099-R and 5498. See the separate specific instructions for each form.
• Instructions for Form 1099-S. Nominee/middleman returns. Generally, if you receive
• Instructions for Forms 1099-SA and 5498-SA. a Form 1099 for amounts that actually belong to another
• Instructions for Form 1099-SB. person, you are considered a nominee recipient. You must
• Instructions for Forms 3921 and 3922. file a Form 1099 with the IRS (the same type of Form 1099
• Instructions for Form 5498-ESA. you received) for each of the other owners showing the
• Instructions for Forms W-2G and 5754. amounts allocable to each. You must also furnish a Form
1099 to each of the other owners. File the new Form 1099
You can also obtain the latest developments for each of
with Form 1096 with the IRS Submission Processing
the forms and instructions listed here by visiting their
Center for your area. On each new Form 1099, list yourself
information pages at IRS.gov. See the separate
as the “payer” and the other owner as the “recipient.” On
instructions for each form on the webpage via the link.
Form 1096, list yourself as the “Filer.” A spouse is not
See How To Get Forms, Publications, and Other required to file a nominee return to show amounts owned
Assistance, later. by the other spouse. The nominee, not the original payer,
is responsible for filing the subsequent Forms 1099 to
Guide to Information Returns show the amount allocable to each owner.
See the chart, later, for a brief summary of information Successor/predecessor reporting. A successor
return reporting rules. business entity (a corporation, partnership, or sole

2 Gen. Instr. for Certain Info. Returns (2024)

- 3 -

Page 3 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

proprietorship) and a predecessor business entity (a transactional reporting, the successor must report each of
corporation, partnership, or sole proprietorship) may the predecessor's transactions and each of its own
agree that the successor will assume all or some of the transactions on the appropriate form. The successor may
predecessor's information reporting responsibilities. This include with the form sent to the recipient additional
would permit the successor to file one Form 1097, 1098, information explaining the combined reporting.
1099, 3921, 3922, 5498, or W-2G for each recipient For purposes of the combined reporting procedure, the
combining the predecessor's and successor's reportable sharing of TINs and other information obtained under
amounts, including any withholding. If they so agree and section 3406 for information reporting and backup
the successor satisfies the predecessor's obligations and withholding purposes does not violate the confidentiality
the conditions described on this page, the predecessor rules in section 3406(f).
does not have to file the specified information returns for Statement required. The successor must file a
the acquisition year. If the successor and predecessor do statement with the IRS indicating the forms that are being
not agree, or if the requirements described are not met, filed on a combined basis under Rev. Proc. 99-50. The
the predecessor and the successor each must file Forms statement must:
1097, 1098, 1099, 3921, 3922, 5498, and W-2G for their
own reportable amounts as they usually would. For more 1. Include the predecessor's and successor's names,
information and the rules that apply to filing combined addresses, telephone numbers, employer identification
Forms 1042-S, see Rev. Proc. 99-50, which is available on numbers (EINs), and the name and telephone number of
page 757 of Internal Revenue Bulletin 1999-52 at the person responsible for preparing the statement;
IRS.gov/pub/irs-irbs/irb99-52.pdf. 2. Reflect separately the amount of federal income tax
The combined reporting procedure is available when all withheld by the predecessor and by the successor for
the following conditions are met. each type of form being filed on a combined basis (for
example, Form 1099-R or 1099-MISC); and
1. The successor acquires from the predecessor
substantially all the property (a) used in the trade or 3. Be sent separately from Forms 1097, 1098, 1099,
business of the predecessor, including when one or more 3921, 3922, 5498, and W-2G by the forms' due dates to:

corporations are absorbed by another corporation under a Internal Revenue Service
merger agreement under which the surviving corporation Information Returns Branch
becomes the owner of all the assets and assumes all the 230 Murall Drive, Mail Stop 4360
liabilities of the absorbed corporation(s); or (b) used in a Kearneysville, WV 25430
separate unit of a trade or business of the predecessor.
2. The predecessor is required to report amounts, Do not send Form 1042-S statements to this address.
including any withholding, on information returns for the Instead, use the address given in the Instructions for Form
year of acquisition for the period before the acquisition. 1042-S; see Rev. Proc. 99-50.
3. The predecessor is not required to report amounts,
including withholding, on information returns for the year Qualified settlement funds. A qualified settlement fund
of acquisition for the period after the acquisition. must file information returns for distributions to claimants if
any transferor to the fund would have been required to file
Combined reporting agreement. The predecessor if the transferor had made the distributions directly to the
and the successor must agree on the specific forms to claimants.
which the combined reporting procedure applies and that
For distributions to transferors, a fund is considered in a
the successor assumes the predecessor's entire
trade or business for information reporting purposes and
information reporting obligations for these forms. The
may be required to file Form 1099-MISC or other
predecessor and successor may agree to:
information returns. For payments made by the fund on
1. Use the combined reporting procedure for all Forms behalf of a claimant or transferor, the fund is subject to
1097, 1098, 1099, 3921, 3922, 5498, and W-2G; or these same rules and may have to file information returns
2. Limit the use of the combined reporting procedure for payment to third parties. For information reporting
to (a) specific forms, or (b) specific reporting entities, purposes, a payment made by the fund on behalf of a
including any unit, branch, or location within a particular claimant or transferor is considered a distribution to the
business entity that files its own separate information claimant or transferor and is also subject to information
returns. For example, if the predecessor's and successor's reporting requirements.
only compatible computer or recordkeeping systems are The same filing requirements, exceptions, and
their dividends paid ledgers, they may agree to use the thresholds may apply to qualified settlement funds as
combined reporting procedure for Forms 1099-DIV only. apply to any other payer. That is, the fund must determine
Similarly, if the only compatible systems are in their the character of the payment (for example, interest, fixed
Midwest branches, they may agree to use the combined or determinable income, or gross proceeds from broker
reporting procedure for only the Midwest branches. transactions) and to whom the payment is made (for
Combined reporting procedure. On each Form example, corporation or individual).
1097, 1098, 1099, 3921, 3922, 5498, and W-2G filed by For more information, see Regulations section
the successor, the successor must combine the 1.468B-2(l). Also, see Treasury Decision (T.D.) 9249,
predecessor's (before the acquisition) and successor's 2006-10 I.R.B. 546, available at IRS.gov/irb/
reportable amounts, including any withholding, for the 2006-10_IRB#TD-9249. T.D. 9249 relates to escrow and
acquisition year and report the aggregate. For similar funds.

Gen. Instr. for Certain Info. Returns (2024) 3

- 4 -

Page 4 of 31         Fileid: … 099general/2024/a/xml/cycle04/source                 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Payments to foreign persons. See the Instructions for                If the account is either a U.S. account held by a 
Form 1042-S, relating to U.S. source income of foreign         !     passive nonfinancial foreign entity (NFFE) that is a 
persons, for reporting requirements relating to payments     CAUTION U.S.-owned foreign entity or an account held by 
to foreign persons.                                          an owner-documented FFI, do not file a Form 1099 with 
                                                             respect to such an account. Instead, you must file Form 
Widely held fixed investment trusts (WHFITs).                8966, in accordance with its requirements and its 
Trustees and middlemen of WHFITs are required to report      accompanying instructions, to report the account for 
all items of gross income and proceeds on the appropriate    chapter 4 purposes.
Form 1099. For the definition of a WHFIT, see Regulations 
section 1.671-5(b)(22). A tax information statement that     Election described in Regulations section 
includes the information provided to the IRS on Forms        1.1471-4(d)(5)(i)(A). You are eligible to make this 
1099, as well as additional information identified in        election to report an account on Form(s) 1099 if:
Regulations section 1.671-5(e), must be furnished to trust   • You are a participating FFI (including a Reporting Model 
interest holders (TIHs).                                     2 FFI) (PFFI) or are a registered deemed-compliant FFI 
  Items of gross income (including original issue discount   (RDC FFI) (other than a Reporting Model 1 FFI) required 
(OID)) attributable to the TIH for the calendar year,        to report a U.S. account as a condition of your applicable 
including all amounts of income attributable to selling,     RDC FFI status (see Regulations section 1.1471-5(f)(1)
purchasing, or redeeming of a trust holder's interest in the (i));
WHFIT, must be reported. Items of income that are            • You are required to report the account as a U.S. 
required to be reported, including non-pro rata partial      account for chapter 4 purposes; and
principal payments, trust sales proceeds, redemption         • The account is a U.S. account held by a specified U.S. 
asset proceeds, and sales of a trust interest on a           person.
secondary market, must be reported on Form 1099-B.           Election described in Regulations section 
See Regulations section 1.671-5(d).                          1.1471-4(d)(5)(i)(B).  You are eligible to make this 
  Safe harbor rules for determining the amount of an item    election to report an account on Form(s) 1099 if:
to be reported on Form 1099 and a tax information            • You are a PFFI or are an RDC FFI (other than a 
statement with respect to a TIH in a non-mortgage WHFIT      Reporting Model 1 FFI) required to report a U.S. account 
(NMWHFIT) and a widely held mortgage trust (WHMT)            as a condition of your applicable RDC FFI status (see 
are found in Regulations sections 1.671-5(f) and (g),        Regulations section 1.1471-5(f)(1)(i));
respectively.                                                • You are required to report the account as a U.S. 
  Trustees and middlemen must follow all the rules for       account for chapter 4 purposes; and
filing Forms 1099 with the IRS and furnishing a statement    • The account is a U.S. account held by a specified U.S. 
to the TIH (except as noted below) as described in parts A   person that is a cash value insurance contract or annuity 
through S of these instructions. Trustees and middlemen      contract that you elect to report in a manner similar to 
should also follow the separate instructions for Forms       section 6047(d).
1099-B, 1099-DIV, 1099-INT, 1099-MISC, and 1099-OID,           You may make an election described in Regulations 
as applicable, which may address additional income           section 1.1471-4(d)(5)(i)(A) or (B) either with respect to all 
reporting requirements.                                      such U.S. accounts or with respect to any clearly identified 
  Due date and other requirements for furnishing             group of such accounts (for example, by line of business 
statement to TIH.   The written tax information for 2024     or by location where the account is maintained).
furnished to the TIH is due on or before March 17, 2025. 
                                                             Special reporting by U.S. payer described in Regula-
For other items of expense and credit that must be           tions section 1.1471-4(d)(2)(iii)(A).  If you are a U.S. 
reported to the TIH, see Regulations section 1.671-5(c).
                                                             payer that is a PFFI other than a U.S. branch, you may 
  There is no reporting requirement if the TIH is an         also satisfy your requirement to report with respect to a 
exempt recipient unless the trustee or middleman backup      U.S. account for chapter 4 purposes by reporting on each 
withholds under section 3406. If the trustee or middleman    appropriate Form 1099 in the manner described in 
backup withholds, then follow the rules in part N. An        Regulations section 1.1471-4(d)(2)(iii)(A).
exempt recipient for this purpose is defined in Regulations 
section 1.671-5(b)(7).                                       Reporting procedure.   If you are an FFI that is eligible to 
                                                             make an election described in Regulations section 
  Reporting to foreign persons. Items of a WHFIT 
                                                             1.1471-4(d)(5)(i)(A) or (B) or are a U.S. payer reporting as 
attributable to a TIH who is not a U.S. person must be 
                                                             described in Regulations section 1.1471-4(d)(2)(iii)(A), 
reported and amounts withheld following the provisions of 
                                                             you must do so by filing each appropriate Form 1099 with 
sections 1441 through 1464. See Form 1042-S and its 
                                                             the IRS and reporting the payments required to be 
separate instructions for more information.
                                                             reported by a U.S. payer (as defined in Regulations 
Foreign Account Tax Compliance Act (FATCA)                   section 1.6049-5(c)(5)) with respect to the account. 
                                                             However, see Payments required to be reported, later. 
Filing Requirements of Certain Foreign Financial 
                                                             Also see the separate specific instructions for each form 
Institutions (FFIs)                                          to determine which form to file.
If you are required to report an account that is a U.S. 
account under chapter 4 of the Internal Revenue Code, 
you may be eligible to elect to report the account on 
Form(s) 1099 instead of on Form 8966, FATCA Report.

4                                                                            Gen. Instr. for Certain Info. Returns (2024)

- 5 -

Page 5 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

All Form 1099 filers must have an EIN. If you have Reporting under chapter 4 does not affect an FFI’s
TIP not previously filed a Form 1099 or other return, ! otherwise applicable obligations to report
you must obtain an EIN and include it on each CAUTION payments as a payer under chapter 61.
Form 1099 that you file. See part K for more information,
including how to obtain an EIN and exceptions to the EIN Forms 1099 used. The payments required to be
rule. reported under this election for calendar year 2024 must
be reported, as applicable, on Form 1099-B, Proceeds
In addition to the information otherwise required to be From Broker or Barter Exchange Transactions; 1099-DIV,
reported on the appropriate Form 1099, you must also Dividends and Distributions; 1099-INT, Interest Income;
include the following information for each account you are 1099-MISC, Miscellaneous Information; 1099-NEC,
reporting as described in Regulations section 1.1471-4(d) Nonemployee Compensation; 1099-OID, Original Issue
(2)(iii)(A) or (d)(5)(i)(A) or (B). Discount; or 1099-R, Distributions From Pensions,
• The name, address, and TIN of the account holder. Annuities, Retirement or Profit-Sharing Plans, IRAs,
• The account number. Insurance Contracts, etc. Also see the separate specific
• If applicable, the jurisdiction of the branch that instructions for each form.
maintains the account being reported by adding the
branch’s jurisdiction after the payer’s name, that is, Definitions. Generally, for detailed information about
“Payer’s Name (Jurisdiction X branch).” definitions that apply for purposes of chapter 4, see
Regulations section 1.1471-1(b). A Reporting foreign
If you are an FFI making an election described in intermediary (FI) under a Model 2 Intergovernmental
! Regulations section 1.1471-4(d)(5)(i)(A) or (B), or Agreement (IGA) should also refer to definitions that may
CAUTION are a U.S. payer reporting as described in apply under that IGA or apply pursuant to any applicable
Regulations section 1.1471-4(d)(2)(iii)(A), you are domestic law pertaining to its FATCA obligations. Solely
required to report the payee’s account number on each for purposes of filing Forms 1099, the following definitions
Form 1099 you file (regardless of the fact that the account are provided to help guide filers through the process.
number may otherwise be optional for purposes of Account. An account means a financial account
reporting on the applicable Form 1099). described in Regulations section 1.1471-5(b), including a
cash value insurance contract and annuity contract.
If you are a sponsoring entity that is reporting a U.S.
account on behalf of a sponsored FFI described above, Account holder. An account holder is the person who
report on the appropriate Form(s) 1099 the following holds a financial account, as determined under
information in the payer boxes (if filing on paper) or in the Regulations section 1.1471-5(a)(3).
appropriate fields of the payer record (if e-filing). Foreign financial institution (FFI). An FFI generally
• For the name, enter the sponsored FFI’s name on the means a foreign entity that is a financial institution.
first line and the sponsoring entity’s name on the second Owner-documented FFI. An owner-documented FFI
line. is an FFI described in Regulations section 1.1471-5(f)(3).
• For the address, enter the sponsoring entity’s address. Participating FFI (PFFI). A PFFI is an FFI that has
• For the federal (or taxpayer) identification number, enter agreed to comply with the requirements of an FFI
the sponsored FFI’s EIN. agreement with respect to all branches of the FFI, other
In addition, if you are e-filing, enter numeric code “1” in than a branch that is a Reporting Model 1 FFI or a U.S.
the “Transfer Agent Indicator” field. See Pub. 1220 for branch. The term “PFFI” also includes an FFI described in
e-file of forms. If you are filing on paper, enter your Global a Model 2 IGA that has agreed to comply with the
Intermediary Identification Number (GIIN) in the lower requirements of an FFI agreement with respect to a
right-hand portion of the title area on the top of Form 1096. branch, and a qualified intermediary (QI) branch of a U.S.
For transmittal of paper forms, see Form 1096 and its financial institution, unless such branch is a Reporting
accompanying instructions. Model 1 FFI.
Recalcitrant account holder. A recalcitrant account
If you are an FFI described above that is electing to
holder is an account holder (other than an account holder
report an account to which you did not make any
that is an FFI) of a PFFI or RDC FFI that has failed to
payments for the calendar year that are required to be
provide the FFI maintaining its account with the
reported on a Form 1099, you must report the account on
information required under Regulations section
Form 1099-MISC or Form 1099-NEC. In addition, if you
1.1471-5(g).
made any payments for the calendar year that would be
Registered deemed-compliant FFI (RDC FFI). An
required to be reported on a Form 1099 if not for an
RDC FFI is an FFI described in Regulations section
applicable dollar amount threshold, you must also report
1.1471-5(f)(1), and includes a Reporting Model 1 FFI, a QI
the account on Form 1099-MISC or Form 1099-NEC. See
branch of a U.S. financial institution that is a Reporting
the Instructions for Forms 1099-MISC and 1099-NEC.
Model 1 FFI, and a nonreporting foreign intermediary (FI)
Payments required to be reported. If you make an treated as an RDC FFI under a Model 2 IGA.
election described in Regulations section 1.1471-4(d)(5) Reporting Model 1 FFI. A Reporting Model 1 FFI is an
(i)(A) or (B), you are required to report any payments FI, including a foreign branch of a U.S. financial institution,
made to the account as required for purposes of the treated as a reporting financial institution under a Model 1
election, that is, payments that would be reportable under IGA.
sections 6041, 6042, 6045, and 6049 if you were a U.S.
payer.

Gen. Instr. for Certain Info. Returns (2024) 5

- 6 -

Page 6 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Reporting Model 2 FFI. A Reporting Model 2 FFI is The following are exceptions to the filing deadlines
an FI or branch of an FI treated as a reporting financial ! shown above.
institution under a Model 2 IGA. CAUTION
Specified U.S. person. A specified U.S. person is any • File and furnish a copy of Form 1099-NEC on paper or
U.S. person described in Regulations section 1.1473-1(c). electronically by January 31, 2025.
Sponsored FFI. A Sponsored FFI is an FFI that is an • Form 1099-SB is generally due by February 28, 2025,
investment entity, a controlled foreign corporation, or a or March 31, 2025, if e-filing, but see Regulations section
closely held investment vehicle that has a Sponsoring 1.6050Y-3(c) for a special exception.
Entity that performs certain due diligence, withholding,
and reporting obligations on behalf of the Sponsored FFI. You will meet the requirement to file timely if the form is
Sponsoring Entity. A Sponsoring Entity is an entity properly addressed, postmarked, and mailed using the
that has registered with the IRS to perform the due official mail of the United States, or a private delivery
diligence, withholding, and reporting obligations of one or service (PDS) designated by the IRS on or before the due
more Sponsored FFIs or Sponsored Direct Reporting date. If the regular due date falls on a Saturday, Sunday, or
NFFEs. legal holiday in the District of Columbia or where the return
U.S. account. A U.S. account is any account held by is to be filed, file by the next business day. A business day
one or more specified U.S. persons. A U.S. account also is any day that is not a Saturday, Sunday, or legal holiday
includes any account held by a passive NFFE that has in the District of Columbia or where the return is to be
one or more substantial U.S. owners, or in the case of a filed. See part M about providing Forms 1097, 1098, 1099,
Reporting Model 2 FFI, any account held by a passive 3921, 3922, 5498, and W-2G or statements to recipients.
NFFE that has one or more controlling persons that are See section 11 of Pub. 15 for a list of legal holidays.
specified U.S. persons. See Regulations section Private delivery services (PDSs). You can use certain
1.1471-5(a) and an applicable Model 2 IGA. PDSs designated by the IRS to meet the “timely mailing as
timely filing” rule for information returns. Go to
B. Other Information Returns IRS.gov/PDS for the current list of designated PDSs.
The income information you report on the following forms The PDS can tell you how to get written proof of the
must not be repeated on Forms 1099 or W-2G. mailing date.
• Form W-2, reporting wages and other employee For the IRS mailing address to use if you’re using a
compensation. PDS, go to IRS.gov/PDSstreetAddresses and select the
• Forms 1042-S and 1000, reporting income to foreign address that corresponds with the city of the address
persons. where you would otherwise mail your information returns
• Form 2439, reporting undistributed long-term capital under D. Where To File, later.
gains of a regulated investment company (RIC) or real
estate investment trust (REIT). PDSs can't deliver items to P.O. boxes. You must
• Schedule K-1 or K-3 (Form 1065), reporting distributive ! use the U.S. Postal Service to mail any item to an
shares to members of a partnership. CAUTION IRS P.O. box address. Go to IRS.gov/
• Schedule K-1 (Form 1041), reporting distributions to PDSstreetAddresses for the street addresses to be used
beneficiaries of trusts or estates. by PDSs.
• Schedule K-1 or K-3 (Form 1120-S), reporting
Reporting period. Forms 1097, 1098, 1099, 3921, 3922,
distributive shares to shareholders of S corporations.
and W-2G are used to report amounts received, paid,
• Schedule K of Form 1120-IC-DISC, reporting actual and
credited, donated, transferred, or canceled, in the case of
constructive distributions to shareholders and deferred
Form 1099-C, during the calendar year. Forms 5498,
DISC income.
5498-ESA, 5498-QA, and 5498-SA are used to report
• Schedule Q (Form 1066), reporting income from a real
amounts contributed and the fair market value (FMV) of an
estate mortgage investment conduit (REMIC) to a residual
account for the calendar year.
interest holder.
Extension of time to file. You can get an automatic
30-day extension of time to file by completing Form 8809.
C. When To File
The form may be submitted on paper, or through the FIRE
Except as indicated below, file Forms 1097, 1098, 1099, System either as a fill-in form or an electronic file. A
3921, 3922, or W-2G on paper by February 28, 2025, or signature or explanation may be required for the
March 31, 2025, if e-filing. File Forms 5498, 5498-ESA, extension. However, you must file Form 8809 by the due
5498-QA, and 5498-SA by June 2, 2025. Form 1096 must date of the returns in order to get the 30-day extension.
accompany all paper submissions. See part E for paper Under certain hardship conditions, you may apply for an
and part F for e-file requirements. additional 30-day extension. See Form 8809 for more
information.
For Forms W-2 and 1099-NEC, no automatic
! extension is available. See Form 8809.
CAUTION
For tax year 2024, requests for extensions of time
! to file Form 5498-QA may be filed on paper only.
CAUTION

6 Gen. Instr. for Certain Info. Returns (2024)

- 7 -

Page 7 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

How to apply. As soon as you know that a 30-day
extension of time to file is needed, file Form 8809. E. Filing Returns With the IRS
• Follow the instructions on Form 8809 and mail it to the The IRS strongly encourages the quality review of data
address listed in the instructions on the form. See the before filing to prevent erroneous notices from being
instructions for Form 8809 for more information. mailed to payees (or others for whom information is being
• You can submit the extension request online through reported).
the FIRE System. You are encouraged to submit requests
using the online fillable form. See Part B in Pub. 1220 for Generally, you are not required to report payments
more information on filing online or e-filing. TIP smaller than the minimum described for a form;
Extension for statements to recipients. For however, you may prefer, for economy and your
information on requesting an extension of time to furnish own convenience, to file Copies A for all payments. The
statements to recipients, see Extension of time to furnish IRS encourages this.
statements to recipients under part M. If you must file any Form 1097, 1098, 1099, 3921,
3922, 5498, or W-2G with the IRS and you are filing paper
D. Where To File forms, you must send a Form 1096 with each type of form
as the transmittal document. You must group the forms by
Use the 3-line address for your state for mailing form number and submit each group with a separate Form
! information returns. 1096. For example, if you file Forms 1098, 1099-A, and
CAUTION
1099-MISC, complete one Form 1096 to transmit Forms
Send all information returns filed on paper to the 1098, another for Forms 1099-A, and a third for Forms
following. 1099-MISC. Specific instructions for completing Form
1096 are included on the form. Also, see Transmitters,
If your principal business, paying agents, etc., later. For information about filing
office or agency, or legal corrected paper returns, see part H.
Use the following address:
residence in the case of an
individual, is located in: Because the IRS processes paper forms by
machine (optical character recognition
Alabama, Arizona, Arkansas, CAUTION! equipment), you cannot file Form 1096 or Copy A
Delaware, Florida, Georgia, of Forms 1098, 1099, 3921, or 5498 that you print from the
Internal Revenue Service
Kentucky, Maine, IRS website. But see Online fillable forms, later, for some
Austin Submission Processing
Massachusetts, Mississippi, forms that you can fill in and print from the IRS website.
Center
New Hampshire, New Jersey, Additionally, you can still use Copy B of online forms to
P.O. Box 149213
New Mexico, New York, North
Austin, TX 78714 provide recipient statements, even if you can’t file the
Carolina, Ohio, Texas, Vermont,
Virginia online forms with the IRS.
Alaska, Colorado, Hawaii, You can order information returns and instructions
Idaho, Illinois, Indiana, Iowa, online at IRS.gov/OrderForms, or you can mail an order to
Kansas, Michigan, Minnesota, Department of the Treasury the address in part T.
Missouri, Montana, Nebraska, IRS Submission Processing See Pub. 1179 for specifications for private printing of
Nevada, North Dakota, Center substitute information returns. You may not request
Oklahoma, Oregon, South P.O. Box 219256 special consideration. Only forms that conform to the
Carolina, South Dakota, Kansas City, MO 64121-9256 official form and the specifications in Pub. 1179 are
Tennessee, Utah, Washington,
acceptable for filing with the IRS.
Wisconsin, Wyoming
Online fillable forms. Due to the very low volume of
California, Connecticut, District Department of the Treasury paper Forms 1097-BTC, 1098-C, 1098-MA, 1098-Q,
of Columbia, Louisiana, IRS Submission Processing 1099-CAP, 1099-LTC, 1099-Q, 1099-QA, 1099-SA, 3922,
Maryland, Pennsylvania, Rhode Center
5498-ESA, 5498-QA, and 5498-SA received and
Island, West Virginia 1973 North Rulon White Blvd.
Ogden, UT 84201 processed by the IRS each year, these forms have been
converted to online fillable PDFs. You may fill out these
forms, found online at IRS.gov/FormsPubs, and send
Copy B to each recipient. For filing with the IRS, follow
If your legal residence or principal place of business, or your usual procedures for e-filing if you are filing 10 or
principal office or agency, is outside the United States, more information returns. If you are filing any of these
use the following address. forms on paper due to a low volume of recipients, for
these forms only, you may file a black-and-white Copy A
Internal Revenue Service
that you print from the IRS website with Form 1096. See
Austin Submission Processing Center
part G for paper document reporting. You must not use
P.O. Box 149213
these online fillable forms if you are required to e-file.
Austin, TX 78714
Transmitters, paying agents, etc. A transmitter, service
State and local tax departments. Contact the bureau, paying agent, or disbursing agent (hereafter
applicable state and local tax department as necessary referred to as “agent”) may sign Form 1096 on behalf of
for reporting requirements and where to file. any person required to file (hereafter referred to as
“payer”) if the conditions in (1) and (2) below are met.

Gen. Instr. for Certain Info. Returns (2024) 7

- 8 -

Page 8 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

1. The agent has the authority to sign the form under 5717, IRIS Taxpayer Portal User Guide. Go to IRS.gov/
an agency agreement (oral, written, or implied) that is IRIS for additional information and updates.
valid under state law.
Due dates. E-file Forms 1097, most Forms 1098, and
2. The agent signs the form and adds the caption “For: most Forms 1099, 3921, 3922, or W-2G by March 31,
(Name of payer).” 2025. File Forms 5498, 5498-ESA, 5498-QA, or 5498-SA
Signing of the form by an authorized agent on behalf of by June 2, 2025. See part M about furnishing Forms 1097,
the payer does not relieve the payer of the liability for 1098, 1099, 3921, 3922, 5498, and W-2G, or statements,
penalties for not filing a correct, complete, and timely to recipients.
Form 1096 and accompanying returns. File Form 1099-NEC by January 31, 2025.
Forms 1097, 1098, 1099, 3921, 3922, 5498, and !
W-2G, or acceptable substitute statements, to recipients CAUTION
issued by a service bureau or agent should show the How to request an extension of time to file. For
same payer's name as shown on the information returns information about requesting an extension of time to file,
filed with the IRS. see Extension of time to file, earlier, under part C.
For information about the election to report and deposit
If you e-file, do not file the same returns on paper.
backup withholding under the agent's TIN and how to
prepare forms if the election is made, see Rev. Proc. CAUTION!
84-33, 1984-1 C.B. 502, and the Instructions for Form 945.
Who must e-file. If you are required to file 10 or more
Keeping copies. Generally, keep copies of information
information returns during the year, you must e-file. The
returns you filed with the IRS, or have the ability to
reconstruct the data, for at least 3 years (4 years for Form 10-or-more requirement does not apply separately to
each type of form. For example, if you must file four Forms
1099-C), from the due date of the returns. Keep copies of
1098 and six Forms 1099-A, you must e-file.
information returns for 4 years if backup withholding was
imposed. The e-file requirement does not apply if you apply for
and receive a hardship waiver. See How to request a
Shipping and mailing. Send the forms to the IRS in a waiver from e-filing, later.
flat mailer (not folded). If you are sending many forms, you
may send them in conveniently sized packages. On each If you are required to e-file but fail to do so, and
package, write your name, number the packages ! you do not have an approved waiver, you may be
consecutively, and place Form 1096 in package number 1. CAUTION subject to a penalty.
Postal regulations require forms and packages to be sent
by First-Class Mail. The IRS encourages you to e-file.
TIP
F. Electronic Reporting
E-file is available, and may be required, for filing all Filing requirement does not apply separately to origi-
information returns discussed in these instructions, other nals and corrections. The e-filing requirement does not
than Form 5498-QA (see Who must e-file, later). Different apply separately to original returns and corrected returns.
types of payments, such as interest, dividends, and rents, If your original information returns are required to be
may be reported in the same submission. e-filed, any corrected information return must also be
e-filed. For example, if you e-file five Forms 1098 and five
You can e-file Forms 1097, 1098, 1099, Forms 1099-DIV and you are making four corrections,
3921, 3922, 5498, and W-2G, except your corrections must also be e-filed.
Form 5498-QA, through the Filing
Information Returns Electronically System (FIRE System); How to report incorrect payer name and/or TIN. If a
however, you must have software that can produce a file in payer discovers an error in reporting the payer (not
the proper format according to Pub. 1220. Pub. 1220 recipient) name and/or TIN, write a letter containing the
provides the procedures for reporting electronically and is following information.
updated annually. Pub. 1220 is available at IRS.gov. The 1. Name and address of the payer.
FIRE System does not provide a fill-in form option for 2. Type of error (including the incorrect payer
information return reporting. The FIRE System operates name/TIN that was reported).
24 hours a day, 7 days a week. You may access the FIRE 3. Tax year.
System online at FIRE.IRS.gov. Forms 1099 may also be
e-filed using IRIS, described later, without special 4. Payer TIN.
software. 5. Transmitter Control Code (TCC).
6. Type of return.
Form 5498-QA can only be filed on paper.
7. Number of payees.
CAUTION!
8. Filing method (paper or electronic).
Information Reporting Intake System (IRIS). The IRS 9. Was federal income tax withheld?
has developed a free online portal that allows taxpayers to Send the letter to:
e-file Forms 1099 after December 31, 2022, for 2022 and
later returns. Users should follow the specifications in Pub.

8 Gen. Instr. for Certain Info. Returns (2024)

- 9 -

Page 9 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Internal Revenue Service processing errors. Handwritten forms often result in
Information Returns Branch name/TIN mismatches. Use block print, not script
230 Murall Drive, Mail Stop 4360 characters. If you have a small number of forms, consider
Kearneysville, WV 25430 contacting an IRS business partner who may be able to
prepare them with little or no cost to you. See (5) below for
If a payer realizes duplicate reporting or a large details. Type entries using black ink in 12-point Courier
font. Copy A is read by machine and must be typed clearly
! percentage of incorrect information has been filed,
CAUTION contact the information reporting customer service using no corrections in the data entry fields. Data must be
site at 866-455-7438 for further instructions. printed in the middle of the blocks, well separated from
other printing and guidelines. Entries completed by hand,
How to get approval to e-file. You will need to apply for or using script, italic, or proportional spaced fonts, or in
a Transmitter Control Code (TCC) to e-file information colors other than black, cannot be read correctly by
returns. You can e-file Forms 1099 using IRIS and/or machine. Make all dollar entries without the dollar sign,
FIRE. A separate TCC is required for each system, but include the decimal point (for example, 00000.00).
IRIS-TCC and/or FIRE-TCC. An IRIS TCC will not work for Show the cents portion of the money amounts. If a box
FIRE and vice versa. An EIN is required to apply for a does not apply, leave it blank.
TCC. As the TCC application process may take up to 45 2. Do not enter 0 (zero) or “None” in money amount
days to process, you should apply before the filing boxes when no entry is required. Leave the boxes blank
season. Once you receive your TCC, it can be used from unless the instructions specifically require that you enter a
year to year. See IRS.gov/InfoReturn for more information. 0 (zero). For example, in some cases, you must enter 0
Form 4419 will no longer be accepted to update (zero) to make corrections. See part H.
! information for those that received their TCC 3. Do not enter number signs (#)—RT 2, not Rt. #2.
CAUTION before September 26, 2021. See IRS.gov/FIRE for
4. Send the entire page of Copy A of your information
more information. returns with Form 1096 to the IRS even if some of the
forms are blank or void. Do not use staples on any forms.
How to request a waiver from e-filing. To receive a
waiver from the required e-filing of information returns, 5. To locate an IRS business partner who may be able
submit Form 8508 at least 45 days before the due date of to offer low-cost or even free filing of certain forms, enter
the returns for which you are requesting a waiver. You “e-file for Business Partners” in the search box on
cannot apply for a waiver for more than 1 tax year at a IRS.gov.
time. If you need a waiver for more than 1 tax year, you
must reapply at the appropriate time each year. Multiple filings. If, after you file Forms 1097, 1098,
1099, 3921, 3922, 5498, or W-2G, you discover additional
If a waiver for original returns is approved, any forms that are required to be filed, file these forms with a
corrections for the same types of returns will be covered new Form 1096. Do not include copies or information from
under the waiver. However, if you e-filed original returns previously filed returns.
but you want to submit your corrections on paper, a waiver
must be approved for the corrections. Required format. Because paper forms are scanned, all
Forms 1096 and Copies A of Forms 1097, 1098, 1099,
If you receive an approved waiver, do not send a copy
3921, 3922, and 5498 must be prepared in accordance
of it to the IRS Submission Processing Center where you
with the following instructions. If these instructions are not
file your paper returns. Keep the waiver for your records
followed, you may be subject to a penalty for each
only.
incorrectly filed document. See part O.
Penalty. If you are required to e-file but fail to do so, and 1. Do not cut or separate Copies A of the forms that
you do not have an approved waiver, you may be subject are printed two or three to a sheet (except Form W-2G).
to a penalty for failure to file electronically unless you Generally, Forms 1097, 1098, 1099, 3921, 3922, and
establish reasonable cause. For most of the information 5498 are printed two or three to an 8 / x 11 inch sheet. 1 2
returns discussed in these instructions, the maximum Form 1096 is printed one to an 8 / x 11 inch sheet. These 1 2
penalty is $330 per return. However, the penalty for a forms must be submitted to the IRS on the 8 / x 11 inch 1 2
failure to file timely electronically applies only to the extent sheet. If at least one form on the page is correctly
the number of returns exceeds 10. See part O. completed, you must submit the entire page. Forms W-2G
The penalty does not apply separately to original may be separated and submitted as single forms. Send
returns and corrected returns. See Filing requirement the forms to the IRS in a flat mailer (not folded).
does not apply separately to originals and corrections, 2. Forms 1098, 1098-MA, 1099-A, 1099-C, 1099-CAP,
earlier. 1099-G, 1099-H, 1099-INT,1099-K, 1099-LTC,
1099-PATR, 1099-QA, 1099-S, 1099-SA, 5498-ESA,
G. Paper Document Reporting 5498-QA, and 5498-SA that you print from IRS.gov will
If you are required to file 10 or more information returns, print 1-to-a-page on 8 / x 11 inch paper. Do not cut off the 1 2
see part F. excess paper, unless you are using a pinfeed printer. If so,
remove the pinfeed strip.
Follow these guidelines.
3. No photocopies of any forms are acceptable. See
1. Although handwritten forms are acceptable, they How To Get Forms, Publications, and Other Assistance,
must be completely legible and accurate to avoid later.

Gen. Instr. for Certain Info. Returns (2024) 9

- 10 -

Page 10 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

4. Do not staple, tear, or tape any of these forms. It will • Correct it as soon as possible and file Copy A and Form
interfere with the IRS's ability to scan the documents. 1096 with your IRS Submission Processing Center (see
5. Pinfeed holes on the form are not acceptable. part D), and
Pinfeed strips outside the 8 / x 11 inch area must be 1 2 • Furnish statements to recipients showing the correction.
removed before submission, without tearing or ripping the When making a correction, complete all information
form. Substitute forms prepared in continuous or strip form (see Filing corrected returns on paper forms, later).
must be burst and stripped to conform to the size • Do not cut or separate forms that are two or three to a
specified for a single sheet (8 / x 11 inches) before they 1 2 page. Submit the entire page even if only one of the forms
are filed with the IRS. on the page is completed.
6. Do not change the title of any box on any form. Do • Do not staple the forms to Form 1096.
not use a form to report information that is not properly • Do not send corrected returns to the IRS if you are
reportable on that form. If you are unsure of where to correcting state or local information only. Contact the state
report the data, call the information reporting customer or local tax department for help with this type of
service site at 866-455-7438 (toll free). correction.
7. Report information only in the appropriate boxes To correct payer information, see Reporting incorrect
provided on the forms. Make only one entry in each box payer name and/or TIN, earlier.
unless otherwise indicated in the form's specific
Form 1096. Use a separate Form 1096 for each type of
instructions.
return you are correcting. For the same type of return, you
8. Do not submit any copy other than Copy A to the may use one Form 1096 for both originals and corrections.
IRS. You do not need to correct a previously filed Form 1096.
9. Do not use prior year forms unless you are reporting CORRECTED checkbox. Enter an “X” in the
prior year information. Do not use subsequent year forms “CORRECTED” checkbox only when correcting a form
for the current year. Because forms are scanned, you previously filed with the IRS or furnished to the recipient.
must use the current year form to report current year Certain errors require two returns to make the correction.
information. See Filing corrected returns on paper forms, later, to
10. Use the official forms or substitute forms that meet determine when to check the “CORRECTED” checkbox.
the specifications in Pub. 1179. If you submit substitute
Account number. If the account number was provided
forms that do not meet the current specifications and that
on the original return, the same account number must be
are not scannable, you may be subject to a penalty for
included on both the original and corrected returns to
each return for improper format. See part O.
properly identify and process the correction. If the account
11. Do not use dollar signs ($) (they are preprinted on number was not provided on the original return, do not
the forms), ampersands (&), asterisks (*), commas (,), or include it on the corrected return. See part L.
other special characters in money amount boxes.
Recipient's statement. You may enter a date next to the
12. Do not use apostrophes (‘), asterisks (*), or other
“CORRECTED” checkbox. This will help the recipient in
special characters on the payee name line.
the case of multiple corrections.
Common errors. Be sure to check your returns to Filing corrected returns on paper forms. The Error
prevent the following common errors. Charts for Filing Corrected Returns on Paper Forms, later,
1. Duplicate filing. Do not send the same information give step-by-step instructions for filing corrected returns
to the IRS more than once. Also see Multiple filings, for the most frequently made errors. They are grouped
earlier. under Error Type 1 or 2. Correction of errors may require
the submission of more than one return. Be sure to read
2. Filer's name, address, and TIN are not the same on
Form 1096 and the attached Forms 1097, 1098, 1099, and follow the steps given.
3921, 3922, 5498, or W-2G. If you fail to file correct information returns or
3. Decimal point to show dollars and cents omitted. ! furnish a correct payee statement, you may be
For example, 1230.00 is correct, not 1230. CAUTION subject to a penalty. See part O. Regulations
section 301.6724-1 (relating to information return
4. Two or more types of returns submitted with one
penalties) does not require you to file corrected returns for
Form 1096 (for example, Forms 1099-INT and 1099-MISC
missing or incorrect TINs if you meet the
with one Form 1096). You must submit a separate Form
reasonable-cause criteria. You are merely required to
1096 with each type of return.
include the correct TIN on the next original return you are
required to file.
H. Corrected Returns on Paper Forms
However, even if you meet the reasonable-cause criteria,
To file corrections for e-filed forms, see part F and the IRS encourages you to file corrections for incorrect or
! Pub. 1220. missing TINs so that the IRS can update the payees'
CAUTION
records.
If you filed a return with the IRS and later discover you
made an error on it, you must:

10 Gen. Instr. for Certain Info. Returns (2024)

- 11 -

Page 11 of 31  Fileid: … 099general/2024/a/xml/cycle04/source  13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

I. Void Returns
An “X” in the “VOID” box at the top of the form will not 
correct a previously filed return. See part H for instructions 
for making corrections.
VOID box. If a completed or partially completed Form 
1097, 1098, 1099, 3921, 3922, or 5498 is incorrect and 
you want to void it before submission to the IRS, enter an 
“X” in the “VOID” box at the top of the form. For example, if 
you make an error while typing or printing a form, you 
should void it. The return will then be disregarded during 
processing by the IRS. Go to the next form on the page, or 
to another page, and enter the correct information; but do 
not check the “CORRECTED” checkbox. Do not cut or 
separate the forms that are two or three to a page. Submit 
the entire page even if only one of the forms on the page is 
a good return.

Gen. Instr. for Certain Info. Returns (2024)                                                                             11

- 12 -

Page 12 of 31         Fileid: … 099general/2024/a/xml/cycle04/source                                 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Error Charts for Filing Corrected Returns on Paper Forms
Identify the correction needed based on Error Type 1 or 2; then follow the steps to make the corrections and file the 
form(s). Also see part H, earlier.
Error Type 1                              Correction
Incorrect money amount(s), code, or       A.     Form 1097, 1098, 1099, 3921, 3922, 5498, or W-2G
checkbox                                          1. Prepare a new information return.
                                                  2. Enter an “X” in the “CORRECTED” box (and date (optional)) at the top of the 
                                                 form.
                                                  3. Correct any recipient information such as money amounts. Report other 
                                                 information as per the original return.
A return was filed when one should        B.     Form 1096
not have been filed.                              1. Prepare a new transmittal Form 1096.
                                                  2. Provide all requested information on the form as it applies to Part A, 1 and 2.
These errors require only one return to           3. File Form 1096 and Copy A of the return with the appropriate IRS Submission 
make the correction.                             Processing Center.
                                                  4. Do not include a copy of the original return that was filed incorrectly.
Caution: If you must correct a TIN or a 
payee name, follow the instructions under 
Error Type 2.

Error Type 2                              Correction
No payee TIN (SSN, EIN, QI-EIN, or        Step 1. Identify incorrect return     1. Prepare a new information return.
ITIN),                                    submitted.                            2. Enter an “X” in the “CORRECTED” box (and date 
or                                                                            (optional)) at the top of the form.
Incorrect payee TIN,                                                            3. Enter the payer, recipient, and account number 
or                                                                            information exactly as it appeared on the original incorrect 
Incorrect payee name,                                                         return; however, enter -0- (zero) for all money amounts.
or
Original return filed using wrong type    Step 2. Report correct information. A. Form 1097, 1098, 1099, 3921, 3922, 5498, or W-2G
of return (for example, a Form 1099-DIV                                         1. Prepare a new information return.
was filed when a Form 1099-INT should                                           2. Do not enter an “X” in the “CORRECTED” box at 
have been filed).                                                             the top of the form. Prepare the new return as though it is 
                                                                              an original.
Two separate returns are required to                                            3. Include all the correct information on the form 
make the correction properly. Follow all                                      including the correct TIN and name. 
instructions for both Steps 1 and 2.
                                                                              B. Form 1096
                                                                                1. Prepare a new transmittal Form 1096.
                                                                                2. Enter one of the following phrases in the bottom 
                                                                              margin of the form.
                                                                              • Filed To Correct TIN.
                                                                              • Filed To Correct Name.
                                                                              • Filed To Correct Return.
                                                                                3. Provide all requested information on the form as it 
                                                                              applies to the returns prepared in Steps 1 and 2.
                                                                                4. File Form 1096 and Copy A of the return with the 
                                                                              appropriate IRS Submission Processing Center.
                                                                                5. Do not include a copy of the original return that 
                                                                              was filed incorrectly.

12                                                                                      Gen. Instr. for Certain Info. Returns (2024)

- 13 -

Page 13 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

If the recipient is a foreign person, the IRS suggests
J. Recipient Names and Taxpayer that you request the recipient complete the appropriate
Form W-8. See the Instructions for the Requester of
Identification Numbers (TINs) Forms W-8BEN, W-8ECI, W-8EXP, and W-8IMY.
Recipient names. Show the full name and address in the U.S. resident aliens who rely on a “saving clause”
section provided on the information return. If payments ! of a tax treaty are to complete Form W-9, not Form
have been made to more than one recipient or the CAUTION W-8BEN. See Pub. 515 and Pub. 519.
account is in more than one name, show on the first name
line the name of the recipient whose TIN is first shown on You may be subject to a penalty for an incorrect or
the return. You may show the names of any other missing TIN on an information return. See part O for more
individual recipients in the area below the first line, if information. You are required to maintain the
desired. Form W-2G filers, see the Instructions for Forms confidentiality of information obtained on a Form W-9/
W-2G and 5754. W-9S relating to the taxpayer's identity (including SSNs,
Sole proprietors. You must show the individual's name EINs, ITINs, and ATINs), and you may use such
on the first name line; on the second name line, you may information only to comply with the tax laws.
enter the “doing business as (DBA)” name. You may not If the recipient does not provide a TIN, leave the
enter only the DBA name. For the TIN, enter either the TIP box for the recipient's TIN blank on the Form
individual's social security number (SSN) or the EIN of the 1097, 1098, 1099, 3921, 3922, 5498, or W-2G.
business (sole proprietorship). The IRS prefers that you Backup withholding may apply; see part N.
enter the SSN.
Limited liability company (LLC). For a If the recipient does not provide a TIN, you may
single-member LLC (including a foreign LLC with a U.S. ! not make the election described in Regulations
owner) that is disregarded as an entity separate from its CAUTION section 1.1471-4(d)(5)(i)(A) or (B) or report as
owner under Regulations section 301.7701-3, enter the described in Regulations section 1.1471-4(d)(2)(iii)(A).
owner's name only on the first name line and the LLC's
name on the second name line. For the TIN, enter the The TIN for individual recipients of information returns
owner's SSN (or EIN, if applicable). If the LLC is taxed as is the SSN, ITIN, or ATIN. See Sole proprietors, earlier.
a corporation, partnership, etc., enter the entity's EIN. For other recipients, including corporations, partnerships,
Bankruptcy estate. If an individual (the debtor) for and estates, the TIN is the EIN. Income reportable after
whom you are required to file an information return is in the death of an individual must reflect the TIN of the
chapter 11 bankruptcy, and the debtor notified you of the payee, that is, of the estate or of the surviving joint owner.
bankruptcy estate's EIN, report post-petition gross For more information, see Personal Representative in Pub.
income, gross proceeds, or other reportable payments on 559. For LLCs, see Limited liability company (LLC),
the applicable information return using the estate's name earlier.
and EIN. The debtor should notify you when the SSNs, ITINs, and ATINs have nine digits separated by
bankruptcy is closed, dismissed, or converted, so that any two hyphens (000-00-0000), and EINs have nine digits
subsequent information returns will be filed with the separated by only one hyphen (00-0000000).
correct name and EIN. Different rules apply if the
bankruptcy is converted to chapter 7, 12, or 13 of the Note. Make sure you include the hyphen(s) in the correct
Bankruptcy Code. For additional guidance, see Notice place(s) when completing the paper form(s).
2006-83, 2006-40 I.R.B. 596, available at IRS.gov/irb/ Expired ITINs may continue to be used for
2006-40_IRB#NOT-2006-83. ! information return purposes regardless of whether
TINs. TINs are used to associate and verify amounts you CAUTION they have expired for individual income tax return
report to the IRS with corresponding amounts on tax filing purposes. Additionally, the third parties who file and
returns. Therefore, it is important that you report correct furnish information returns with an expired payee ITIN will
names, SSNs, individual taxpayer identification numbers not be subject to information return penalties under
(ITINs), EINs, or adoption taxpayer identification numbers section 6721 or 6722 solely because the ITIN is expired.
(ATINs) for recipients on the forms sent to the IRS. See Notice 2016-48, 2016-33 I.R.B. 235, available at
IRS.gov/irb/2016-33_IRB#NOT-2016-48.
Only one recipient TIN can be entered on the
TIP form. Truncating payee’s TIN on payee statements. Filers
of information returns are permitted to truncate a payee's
Requesting a recipient's TIN. If the recipient is a U.S. TIN (SSN, ITIN, ATIN, or EIN) on most payee statements.
person (including a U.S. resident alien), the IRS suggests The payee's TIN may not be truncated on Form W2-G.
that you request the recipient complete Form W-9, Where permitted, filers may truncate a payee's TIN on the
Request for Taxpayer Identification Number and payee statement (including substitute and composite
Certification, or Form W-9S, Request for Student's or substitute statements) furnished to the payee in paper
Borrower's Taxpayer Identification Number and form or electronically. Generally, the payee statement is
Certification, as appropriate. Form W-9 is required to be that copy of an information return designated "Copy B" on
completed by recipients of certain types of payments (as the form. A "payee" is any person who is required to
provided in Regulations section 31.3406(d)-1). See the receive a copy of the information set forth on an
Instructions for the Requester of Form W-9 for more information return by the filer of the return. For some
information on how to request a TIN. forms, the term "payee" will refer to beneficiary, borrower,

Gen. Instr. for Certain Info. Returns (2024) 13

- 14 -

Page 14 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

debtor, insured, participant, payer, policyholder, recipient,
shareholder, student, or transferor. If a filer truncates a TIN K. Filer's Name, Taxpayer
on Copy B, other copies of the form furnished to the payee
may also include a truncated number. A filer may not Identification Number (TIN), and
truncate a payee's TIN on any forms the filer files with the Address
IRS. A filer's TIN may not be truncated on any form. To The TIN for filers of information returns, including sole
truncate where allowed, replace the first five digits of the proprietors and nominees/middlemen, is the EIN.
nine-digit number with asterisks (*) or Xs (for example, an However, sole proprietors and nominees/middlemen who
SSN xxx-xx-xxxx would appear on the paper payee are not otherwise required to have an EIN should use their
statement as ***-**-xxxx or XXX-XX-xxxx). See T.D. 9675, SSNs. A sole proprietor is not required to have an EIN
2014-31 I.R.B. 242, available at IRS.gov/irb/ unless he or she has a Keogh plan or must file excise or
2014-31_IRB#TD-9675. employment tax returns (including to report backup
Electronic submission of Forms W-9. Requesters may withholding). See Pub. 583.
establish a system for payees and payees' agents to If you are an FFI making the election described in
submit Forms W-9 electronically, including by fax. A TIP Regulations section 1.1471-4(d)(5)(i)(A) or (B),
requester is anyone required to file an information return. you are required to use an EIN and cannot, for
A payee is anyone required to provide a TIN to the purposes of filing a Form 1099, use your GIIN.
requester.
Payee's agent. A payee's agent can be an investment The filer's name and TIN are required to match the
adviser (corporation, partnership, or individual) or an ! name and TIN used on the filer's other tax returns
introducing broker. An investment adviser must be CAUTION (such as Form 945 to report backup withholding).
registered with the Securities and Exchange Commission The name of the filer's paying agent or service bureau
(SEC) under the Investment Advisers Act of 1940. The must not be used in place of the name of the filer.
introducing broker is a broker-dealer that is regulated by
the SEC and the National Association of Securities For a single-member LLC (including a foreign LLC with
Dealers, Inc., and that is not a payer. Except for a broker a U.S. owner) that is disregarded as an entity separate
who acts as a payee's agent for “readily tradable from its owner under Regulations section 301.7701-3,
instruments,” the adviser or broker must show in writing to enter the owner's name only on the first name line and the
the payer that the payee authorized the adviser or broker LLC's name on the second name line. For the TIN, enter
to transmit the Form W-9 to the payer. the owner's SSN (or EIN, if applicable). If the LLC is taxed
Generally, the electronic system must do the following. as a corporation, partnership, etc., enter the entity's EIN.
1. Ensure the information received is the information
If you don’t have an EIN, you may apply for one online
sent and document all occasions of user access that
by visiting the IRS website at IRS.gov/EIN. You may also
result in the submission.
apply for an EIN by faxing or mailing Form SS-4 to the
2. Make reasonably certain the person accessing the IRS. See the Instructions for Form SS-4 for more
system and submitting the form is the person identified on information.
Form W-9.
3. Provide the same information as the paper Form L. Account Number Box on Forms
W-9.
Use the account number or policy number box on Forms
4. Be able to supply a hard copy of the electronic Form 1097, 1098, 1099, 3921, 3922, and 5498 for an account
W-9 if the IRS requests it. number designation. The account number is required if
5. Require as the final entry in the submission an you have multiple accounts for a recipient for whom you
electronic signature by the payee whose name is on Form are filing more than one information return of the same
W-9 that authenticates and verifies the submission. The type. The account number is also required if you are an
electronic signature must be under penalties of perjury FFI making the election described in Regulations section
and the perjury statement must contain the language of 1.1471-4(d)(5)(i)(A) or (B) or are a U.S. payer reporting as
the paper Form W-9. described in Regulations section 1.1471-4(d)(2)(iii)(A).
Additionally, the IRS encourages you to include the
For Forms W-9 that are not required to be signed, recipient's account number on paper forms if your system
TIP the electronic system need not provide for an of records uses the account number rather than the name
electronic signature or a perjury statement. or TIN for identification purposes. Also, the IRS will
Additional requirements may apply. See include the account number in future notices to you about
Announcement 98-27, available on page 30 of Internal backup withholding. See Pub. 1220 if you are e-filing.
Revenue Bulletin 1998-15 at IRS.gov/pub/irs-irbs/
irb98-15.pdf, and Announcement 2001-91, available on The account number may be a checking account
page 221 of Internal Revenue Bulletin 2001-36 at number, savings account number, brokerage account
IRS.gov/pub/irs-irbs/irb01-36.pdf. number, serial number, loan number, policy number, or
any other number you assign to the payee that is unique
Electronic submission of Forms W-9S. See the and will distinguish the specific account. This number
Instructions for Forms 1098-E and 1098-T. must not appear anywhere else on the form, and this box
may not be used for any other item unless the separate
instructions indicate otherwise. Using unique account

14 Gen. Instr. for Certain Info. Returns (2024)

- 15 -

Page 15 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

numbers ensures that corrected information returns will be Dividend, interest, and royalty payments. For
processed accurately. payments of dividends under section 6042 (reported on
If you are using window envelopes to mail statements Form 1099-DIV), patronage dividends under section 6044
to recipients and using reduced rate mail, be sure the (reported on Form 1099-PATR), interest (including OID
account number does not appear in the window. The U.S. and tax-exempt interest) under section 6049 (reported on
Postal Service may not accept these for reduced rate mail. Form 1099-INT or 1099-OID), or royalties under section
6050N (reported on Form 1099-MISC or 1099-S), you are
required to furnish an official IRS Form 1099 or an
M. Statements to Recipients acceptable substitute Form 1099 to a recipient either in
(Beneficiaries, Borrowers, Debtors, person, by First-Class Mail to the recipient's last known
address, or electronically (see Electronic recipient
Donors, Employees, Insureds, statements, later). Statements may be sent by intraoffice
Participants, Payment or Credit mail if you use intraoffice mail to send account information
and other correspondence to the recipient.
Recipients, Payers, Policyholders, Statement mailing requirements for Forms
Sellers, Shareholders, Students, 1099-DIV, 1099-INT, 1099-OID, and 1099-PATR, and
forms reporting royalties only. The following statement
Transferors, or Winners on Certain mailing requirements apply only to Forms 1099-DIV
Forms) (except for section 404(k) dividends), 1099-INT (except
If you are required to file Forms 1097, 1098, 1099, 3921, for interest reportable in the course of your trade or
3922, 5498, or W-2G, you must also furnish statements to business under section 6041), 1099-OID, 1099-PATR, and
recipients containing the information furnished to the IRS timber royalties reported under section 6050N (on Form
and, in some cases, additional information. Be sure that 1099-MISC or 1099-S). The mailing must contain the
the statements you provide to recipients are clear and official IRS Form 1099 or an acceptable substitute and
legible. may also contain the following enclosures: (a) Form W-2,
applicable Form W-8, Form W-9, or other Forms W-2G,
Substitute statements. If you are not using the official 1097, 1098, 1099, 3921, 3922, and 5498 statements; (b)
IRS form to furnish statements to recipients, see Pub. a check from the account being reported; (c) a letter
1179 for specific rules about providing “substitute” explaining why no check is enclosed; (d) a statement of
statements to recipients. Generally, a substitute is any the person's account shown on Forms 1097, 1098, 1099,
statement other than Copy B of the official form. You may 3921, 3922, or 5498; and (e) a letter explaining the tax
develop them yourself or buy them from a private printer. consequences of the information shown on the recipient
However, the substitutes must comply with the format and statement.
content requirements specified in Pub. 1179 that is A statement of the person's account (year-end account
available on IRS.gov. summary) that you are permitted to enclose in a statement
Telephone number. You are required to include the mailing may include information similar to the following: (a)
telephone number of a person to contact on the following the part of a mutual fund distribution that is interest on
statements to recipients: W-2G, 1097-BTC, 1098, 1098-C, U.S. Treasury obligations, (b) accrued interest expense on
1098-E, 1098-F, 1098-MA, 1098-Q, 1098-T, 1099-A, the purchase of a debt obligation, and (c) the cost or other
1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G (excluding basis of securities and the gain/loss on the sale of
state and local income tax refunds), 1099-INT, 1099-K, securities.
1099-LS, 1099-LTC, 1099-MISC (excluding fishing boat No additional enclosures, such as advertising,
proceeds), 1099-NEC, 1099-OID, 1099-PATR, 1099-Q, promotional material, or a quarterly or annual report, are
1099-QA, 1099-R, 1099-S, 1099-SA, and 1099-SB. You permitted. Even a sentence or two on the year-end
may include the telephone number in any conspicuous statement describing new services offered by the payer is
place on the statements. This number must provide direct not permitted. Logos are permitted on the envelope and
access to an individual who can answer questions about on any nontax enclosures. See section 1.3.2 of Pub. 1179.
the statement. Although not required, if you report on
A recipient statement may be perforated to a check or
other Forms 1099 and 5498, or on Forms 3921 and 3922,
to a statement of the recipient's specific account. The
you are encouraged to furnish telephone numbers.
check or account statement to which the recipient
Rules for furnishing statements. Different rules apply statement is perforated must contain, in bold and
to furnishing statements to recipients depending on the conspicuous type, the legend “Important Tax Return
type of payment (or other information) you are reporting Document Attached.”
and the form you are filing. The legend “Important Tax Return Document Enclosed”
If you are reporting a payment that includes must appear in a bold and conspicuous manner on the
TIP noncash property, show the FMV of the property outside of the envelope and on each letter explaining why
at the time of payment. no check is enclosed, or on each check or account
statement that is not perforated to the recipient statement.
Report the type of payment information as described The legend is not required on any tax form, tax statement,
next for (a) Dividend, interest, and royalty payments; (b) or permitted letter of tax consequences included in a
Real estate transactions; and (c) Other information. statement mailing. Further, you need not pluralize the

Gen. Instr. for Certain Info. Returns (2024) 15

- 16 -

Page 16 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

word “document” in the legend simply because more than under section 6047), 1099-INT (only for interest reportable
one recipient statement is enclosed. in the course of your trade or business under section
6041), or 1099-S (only for royalties) need not be, but can
If you provide Forms 1097, 1098, 1099, 3921,
be, a copy of the official paper form filed with the IRS. If
TIP 3922, 5498, or W-2G recipient statements in a
you do not use a copy of the paper form, the form number
“separate mailing” that contains only these
and title of your substitute must be the same as the official
statements, Forms W-8 and W-9, and a letter explaining
IRS form. All information required to be reported must be
the tax consequences of the information shown on a
numbered and titled on your substitute in substantially the
recipient statement included in the envelope, you are not
same manner as on the official IRS form. However, if you
required to include the legend “Important Tax Return
are reporting a payment as “Other income” in box 3 of
Document Enclosed” on the envelope.
Form 1099-MISC, you may substitute appropriate
Substitute forms. You may furnish to the recipient explanatory language for the box title. For example, for
Copy B of the official IRS form, or you may use substitute payments of accrued wages to a beneficiary of a
Forms 1099-DIV, 1099-INT, 1099-OID, or 1099-PATR if deceased employee required to be reported on Form
they contain the same language as the official IRS forms 1099-MISC, you might change the title of box 3 to
and they comply with the rules in Pub. 1179 relating to “Beneficiary payments” or something similar.
substitute Forms 1099. Applicable box titles and numbers Appropriate instructions to the recipient, similar to
must be clearly identified, using the same wording and those on the official IRS form, must be provided to aid in
numbering as the official IRS form. For information on the proper reporting of the items on the recipient's income
substitute Forms 1099-MISC and 1099-NEC, see Other tax return. For payments reported on Form 1099-B, rather
information, later. For Form 1099-S, see Real estate than furnish appropriate instructions with each Form
transactions, later. 1099-B statement, you may furnish to the recipient one set
All substitute statements to recipients must of instructions for all statements required to be furnished
TIP contain the tax year, form number, and form name to a recipient in a calendar year.
prominently displayed together in one area of the Except for royalties reported on Form 1099-MISC or
statement. For example, they could be shown in the upper 1099-S, the statement mailing requirements explained
right part of the statement. earlier do not apply to statements to recipients for
information reported on the forms listed under Other
If you are using substitutes, the IRS encourages you to information, earlier. You may combine the statements with
use boxes so that the substitute has the appearance of a other reports or financial or commercial notices, or expand
form. The substitute form must contain the same them to include other information of interest to the
applicable instructions as on the front and back of Copy B recipient. Be sure that all copies of the forms are legible.
(in the case of Form 1099-R, Copies B, C, and 2) of the See Pub. 1179 for certain “composite” statements that are
official IRS form. See Pub. 1179 for additional permitted.
requirements and certain “composite” statements that are When to furnish forms or statements. Generally, you
permitted. must furnish Forms 1098, 1099, 3921, 3922, and W-2G
Real estate transactions. You must furnish a statement information by January 31, 2025. Forms 1099-B, 1099-S,
to the transferor containing the same information reported and 1099-MISC (if you are reporting payments in only
to the IRS on Form 1099-S. You may use Copy B of the box 8 or 10) must be furnished by February 17, 2025.
official IRS Form 1099-S or a substitute form that complies Also, this applies to statements furnished as part of a
with Pub. 1179 and Regulations section 1.6045-4(m). You consolidated reporting statement. See T.D. 9504, 2010-47
may use a Settlement Statement (under the Real Estate I.R.B. 670, available at IRS.gov/irb/
Settlement Procedures Act (RESPA)) as the written 2010-47_IRB#TD-9504. However, you may issue them
statement if it is conformed by including on the statement earlier in some situations, as provided by the regulations.
the legend shown on Form 1099-S and by designating For example, you may furnish Form 1099-INT to the
which information is reported to the IRS on Form 1099-S. recipient redeeming U.S. Savings Bonds at the time of
You may furnish the statement to the transferor in person, redemption. Brokers and barter exchanges may furnish
by mail, or electronically. Furnish the statement at or after Form 1099-B anytime but not later than February 17,
closing but by February 15 of the following year. 2025.
The statement mailing requirements explained earlier Form 1099-SB must generally be furnished by February
do not apply to statements to transferors for proceeds 17, 2025. However, if notice of a transfer to a foreign
from real estate transactions reported on Form 1099-S. person is not received until after January 31, 2025, the
However, the statement mailing requirements do apply to due date is 30 days after the date notice is received. See
statements to transferors for timber royalties reportable Regulations section 1.6050Y-3(d)(2). Form 1099-LS must
under section 6050N on Form 1099-S. be furnished to reportable policy sale payment recipients
by February 17, 2025. See Regulations section
Other information. Statements to recipients for Forms 1.6050Y-2(d)(1)(ii). Form 1099-LS must be furnished to
1097-BTC, 1098, 1098-C, 1098-E, 1098-F, 1098-Q, issuers by January 15, 2025, at the latest, but must be
1098-T, 1099-A, 1099-B, 1099-C, 1099-CAP, 1099-G, furnished by the later of 20 calendar days after the
1099-K, 1099-LS, 1099-LTC, 1099-MISC, 1099-NEC, reportable policy sale or 5 calendar days after the end of
1099-Q, 1099-QA, 1099-R, 1099-SA, 1099-SB, 3921, the applicable state law rescission period if the later date
3922, 5498, 5498-ESA, 5498-QA, 5498-SA, W-2G,
1099-DIV (only for section 404(k) dividends reportable

16 Gen. Instr. for Certain Info. Returns (2024)

- 17 -

Page 17 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

occurs before January 15, 2025. See Regulations section 1099-A, 1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G,
1.6050Y-2(d)(2)(ii). 1099-H, 1099-INT, 1099-K, 1099-LS, 1099-LTC,
Furnish Form 1097-BTC to the recipient for each month 1099-MISC, 1099-NEC, 1099-OID, 1099-PATR, 1099-Q,
in which a tax credit amount is allowable to the recipient 1099-QA, 1099-R, 1099-S, 1099-SA, 1099-SB, 3921,
on or before the 15th day of the 2nd calendar month after 3922, 5498, 5498-ESA, 5498-QA, and 5498-SA. It also
the close of the calendar month in which the credit is includes Form W-2G (except for horse and dog racing, jai
allowed. For more information, see the Instructions for alai, sweepstakes, wagering pools, and lotteries).
Form 1097-BTC. Until further guidance is issued to the contrary,
Donee organizations required to issue Form 1098-C ! Form 1098-C may not be furnished electronically.
must furnish the acknowledgment to a donor within 30 CAUTION
days of the sale of the vehicle (if it is sold without material If you meet the requirements that follow, you are treated
improvements or significant intervening use) or within 30 as furnishing the statement.
days of the contribution. Consent. The recipient must consent in the affirmative
Trustees or issuers of IRAs must furnish Form 5498 to and not have withdrawn the consent before the statement
participants with a statement of the value of the is furnished. The consent by the recipient must be made
participant's account, and required minimum distribution electronically in a way that shows that she or he can
(RMD) and information on hard to value assets, if access the statement in the electronic format in which it
applicable, by January 31, 2025. will be furnished.
Trustees of a SIMPLE IRA must furnish a statement of You must notify the recipient of any hardware or
the account activity by January 31, 2025. Contribution software changes prior to furnishing the statement. A new
information for all other types of IRAs must be furnished to consent to receive the statement electronically is required
the participant by June 2, 2025. after the new hardware or software is put into service.
Trustees and middlemen of a WHFIT must furnish the Prior to furnishing the statements electronically, you
required statement by March 17, 2025. must provide the recipient a statement with the following
For real estate transactions, you may furnish Form statements prominently displayed.
1099-S to the transferor at closing or by mail on or before • If the recipient does not consent to receive the
February 17, 2025. statement electronically, a paper copy will be provided.
Filers of Forms 5498 or 5498-SA who furnish a • The scope and duration of the consent. For example,
whether the consent applies to every year the statement is
statement of FMV of the account (and any other required
furnished or only for the statement for a particular year, as
information) to the participant by January 31, 2025, with
applicable, immediately following the date of the consent.
no reportable contributions, including rollovers, made in
2024, need not furnish another statement by June 2, • How to obtain a paper copy after giving consent.
2025, to the participant to report zero contributions. If • How to withdraw the consent. The consent may be
withdrawn at any time by furnishing the withdrawal in
another statement is not furnished to the participant, the
writing (electronically or on paper) to the person whose
statement of the FMV of the account must contain a
name appears on the statement. Also, confirmation of the
legend designating which information is being filed with
withdrawal will be in writing (electronically or on paper).
the IRS.
• Notice of termination. The notice must state under what
Form 5498-ESA must be furnished to the beneficiary by conditions the statements will no longer be furnished to
April 30, 2025. the recipient.
Form 5498-QA must be furnished to the beneficiary by • Procedures to update the recipient's information.
March 17, 2025. • A description of the hardware and software required to
See the Guide to Information Returns, later, for the date access, print, and retain a statement, and a date the
other information returns are due to the recipient. statement will no longer be available on the website.
Format, posting, and notification. Additionally, you
If the statement is properly addressed and mailed, or,
must do the following.
with respect to electronic recipient statements, posted to a
website, on or before the due date, it will be deemed • Ensure the electronic format contains all the required
information and complies with the applicable revenue
timely furnished. If the regular due date falls on a
procedure for substitute statements to recipients in Pub.
Saturday, Sunday, or legal holiday in the District of
1179.
Columbia or where the return is to be filed, furnish by the
next business day. A business day is any day that is not a • Post, on or before the due date, the applicable
statement on a website accessible to the recipient through
Saturday, Sunday, or legal holiday in the District of
October 15 of that year.
Columbia or where the return is to be filed. See section 11
of Pub. 15 for a list of legal holidays. • Inform the recipient, electronically or by mail, of the
posting and how to access and print the statement.
Electronic recipient statements. If you are required to For information regarding the electronic furnishing of
furnish a written statement (Copy B or an acceptable Forms W-2, which the IRS generally applies to the forms
substitute) to a recipient, then you may generally furnish addressed by these instructions, see Regulations section
the statement electronically instead of on paper, but only if 31.6051-1.
you meet the requirements discussed later in this section.
This includes furnishing the statement to recipients of For additional specific instructions on the electronic
Forms 1097-BTC, 1098, 1098-E, 1098-F, 1098-Q, 1098-T, furnishing of:

Gen. Instr. for Certain Info. Returns (2024) 17

- 18 -

Page 18 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

• Forms 1098-E and 1098-T, see Regulations section 5. For interest and dividend accounts opened or
1.6050S-2; instruments acquired after 1983, the payee fails to certify
• Forms 1099-R, 1099-SA, 1099-Q, 5498, 5498-ESA, to you, under penalties of perjury, that he or she is not
and 5498-SA, see Notice 2004-10, 2004-6 I.R.B. 433, subject to backup withholding—see 4. Payee failure to
available at IRS.gov/irb/2004-06_IRB#NOT-2004-10; certify that he or she is not subject to backup withholding
• Forms 3921 and 3922, see the form instructions; under When to apply backup withholding, later; or
• Form 1099-K, see Regulations section 1.6050W-2(a)(2) 6. The payment is also a withholdable payment under
(i); and chapter 4 (sections 1471–1474) that is made to a
• Forms 1099-QA and 5498-QA, see Regulations section recalcitrant account holder that is a U.S. nonexempt
1.529A-7, available at IRS.gov/irb/ recipient, and you are a PFFI (including a Reporting Model
2020-50_IRB#TD-9923. 2 FFI) that elects to withhold under section 3406 to satisfy
Extension of time to furnish statements to recipients. your withholding obligation under Regulations section
Do not submit an extension request by mail. 1.1471-4(b)(1). See Regulations section 1.1471-4(b)(3)
(iii).
You may request an extension of time to furnish the
statements to recipients by faxing a letter to: If you do not collect and pay over backup
withholding from affected payees as required, you
Internal Revenue Service Technical Services CAUTION! may become liable for any uncollected amount.
Operation
Attn: Extension of Time Coordinator Some payees are exempt from backup withholding. For
Fax: 877-477-0572 (International Fax: 304-579-4105) a list of exempt payees and other information, see Form
W-9 and the separate Instructions for the Requester of
The letter must include (a) payer name, (b) payer TIN, Form W-9.
(c) payer address, (d) type of return (Form 1042-S, Form
W-2, specific 1099 family form), (e) a statement that your Examples of payments to which backup withholding
extension request is for providing statements to recipients, does not apply include but are not limited to the following.
(f) reason for delay, and (g) the signature of the payer or • Wages.
authorized agent. • Distributions from a pension, an annuity, a profit-sharing
or stock bonus plan, any IRA, an owner-employee plan, or
Your request must be received no later than the date on
other deferred compensation plan.
which the statements are due to the recipients. If your
• Distributions from a medical or health savings account
request for an extension is approved, generally you will be
(HSA) and long-term care benefits.
granted a maximum of 30 extra days to furnish the
• Certain surrenders of life insurance contracts.
recipient statements.
• Distributions from qualified tuition programs (QTPs) or
Coverdell education savings accounts (ESAs).
N. Backup Withholding • Gambling winnings if regular gambling winnings
Interest (including tax-exempt interest and exempt-interest withholding is required under section 3402(q). However, if
dividends), dividends, rents, royalties, commissions, regular gambling winnings withholding is not required
nonemployee compensation, and certain other payments under section 3402(q), backup withholding applies if the
(including broker and barter exchange transactions, payee fails to furnish a TIN.
compensation paid to an H-2A visa holder who did not • Real estate transactions reportable under section
furnish a TIN, reportable gross proceeds paid to attorneys, 6045(e).
gambling winnings, payment card and third party network • Canceled debts reportable under section 6050P.
transactions, and certain payments made by fishing boat • Fish purchases for cash reportable under section
operators) may be subject to backup withholding at a 24% 6050R.
rate. To be subject to backup withholding, a payment must • Reportable payments that are withholdable payments
be a reportable interest (including tax-exempt interest and made to a recalcitrant account holder that is a U.S.
exempt-interest dividends) or dividend payment under nonexempt recipient from which you have withheld under
section 6049(a), 6042(a), or 6044 (if the patronage chapter 4. See Regulations section 1.1474-6(f).
dividend is paid in money or qualified check), or an “other” When to apply backup withholding. Generally, the
reportable payment under section 6041, 6041A(a), 6045, period for which the 24% should be withheld is as follows.
6050A, 6050N, or 6050W. If the payment is one of these 1. Failure to furnish TIN in the manner required.
reportable payments, backup withholding will apply if: Withhold on payments made until the TIN is furnished in
1. The payee fails to furnish his or her TIN to you; the manner required. Special backup withholding rules
2. For interest, dividend, and broker and barter may apply if the payee has applied for a TIN. The payee
exchange accounts opened or instruments acquired after may certify to this on Form W-9 by noting “Applied For” in
1983, the payee fails to certify, under penalties of perjury, the TIN block and by signing the form. This form then
that the TIN provided is correct; becomes an “awaiting-TIN” certificate, and the payee has
3. The IRS notifies you to impose backup withholding 60 days to obtain a TIN and furnish it to you. If you do not
because the payee furnished an incorrect TIN; receive a TIN from the payee within 60 days and you have
not already begun backup withholding, begin backup
4. For interest and dividend accounts or instruments, withholding and continue until the TIN is provided.
you are notified that the payee is subject to backup
withholding (under section 3406(a)(1)(C)); or

18 Gen. Instr. for Certain Info. Returns (2024)

- 19 -

Page 19 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

The 60-day exemption from backup withholding the payment is less than the amount for which an
! applies only to interest and dividend payments information return is normally required.
CAUTION and certain payments made with respect to readily
The EIN of the filer of the forms listed above must
tradable instruments. Therefore, any other payment, such
be the EIN of the filer of Form 945.
as nonemployee compensation, is subject to backup CAUTION!
withholding even if the payee has applied for and is
awaiting a TIN. For information about whether backup Form 945. Report backup withholding, voluntary
withholding applies during the 60-day period, see withholding on certain government payments, and
Regulations section 31.3406(g)-3. withholding from gambling winnings, pensions, annuities,
IRAs, military retirement, and Indian gaming profits on
2. Notice from the IRS that payee's TIN is incorrect. Form 945. Generally, file Form 945 for 2024 by January
You may choose to withhold on any reportable payment 31, 2025. For more information, including the deposit
made to the account(s) subject to backup withholding requirements for Form 945, see the separate Instructions
after receipt of an incorrect TIN notice from the IRS, but for Form 945, and Pub. 15.
you must withhold on any reportable payment made to the Do not report on Form 945 any income tax withholding
account more than 30 business days after you received reported on the following forms.
the notice. Stop withholding within 30 days after you • Form W-2, including withholding on distributions to plan
receive a certified Form W-9 (or other form that requires participants from nonqualified plans that must be reported
the payee to certify the payee’s TIN). on Form 941, and may be reported on Form 943, Form
The IRS will furnish a notice to you that informs 944, or Schedule H (Form 1040).
TIP you that you have filed an information return • Form 1042-S withholding must be reported on Form
reporting on an incorrect name/TIN combination. 1042.
You are then required to promptly furnish a “B” notice, or Pub. 515 has more information on Form 1042
an acceptable substitute, to the payee. For further TIP reporting, partnership withholding on effectively
information, see Regulations section 31.3406(d)-5 and connected income, and dispositions of U.S. real
Pub. 1281, Backup Withholding for Missing and Incorrect property interests by a foreign person.
Name/TIN(s).
Additional information. For more information about
If you receive two incorrect TIN notices within 3 years for backup withholding, see Pub. 1281.
the same account, follow the procedures in Regulations
section 31.3406(d)-5(g) and Pub. 1281.
O. Penalties
3. Notice from the IRS that payee is subject to
The following penalties generally apply to the person
backup withholding due to notified payee
required to file information returns. The penalties apply to
underreporting. You may choose to withhold on any
paper filers as well as to electronic filers.
reportable payment made to the account(s) subject to
backup withholding after receipt of the notice, but you For information on the penalty for failure to e-file,
must withhold on any reportable payment made to the TIP see Penalty, earlier, in part F.
account more than 30 business days after you receive the
notice. The IRS will notify you in writing when to stop
withholding, or the payee may furnish you a written Failure To File Correct Information Returns by
certification from the IRS stating when the withholding the Due Date (Section 6721)
should stop. In most cases, the stop date will be January 1 If you fail to file a correct information return by the due
of the year following the year of the stop notice. date and you cannot show reasonable cause, you may be
You must notify the payee when withholding under subject to a penalty. The penalty applies:
TIP this procedure starts. For further information, see • If you fail to file timely,
Regulations section 31.3406(c)-1(d). • If you fail to include all information required to be shown
on a return, or
4. Payee failure to certify that he or she is not • If you include incorrect information on a return.
subject to backup withholding. Withhold on reportable
interest and dividends until the certification has been The penalty also applies:
received. • If you file on paper when you were required to e-file,
For exceptions to these general timing rules, see • If you report an incorrect TIN,
section 3406(e). • If you fail to report a TIN, or
• If you fail to file paper forms that are machine readable
For special rules on backup withholding on and applicable revenue procedures provide for a
TIP gambling winnings, see the separate Instructions machine-readable paper form.
for Forms W-2G and 5754.
The amount of the penalty is based on when you file
Reporting backup withholding. Report backup the correct information return. The penalty is as follows.
withholding on Form 945, Annual Return of Withheld • $60 per information return if you correctly file within 30
Federal Income Tax. Also, report backup withholding and days (by March 30 if the due date is February 28);
the amount of the payment on Forms W-2G, 1099-B, maximum penalty $664,500 per year ($232,500 for small
1099-DIV, 1099-G, 1099-INT, 1099-K, 1099-MISC, businesses, defined below).
1099-NEC, 1099-OID, or 1099-PATR even if the amount of

Gen. Instr. for Certain Info. Returns (2024) 19

- 20 -

Page 20 of 31  Fileid: … 099general/2024/a/xml/cycle04/source                             13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

• $130 per information return if you correctly file more          requirements, the penalty is at least $660 per information 
than 30 days after the due date but by August 1; maximum          return with no maximum penalty.
penalty $1,993,500 per year ($664,500 for small 
businesses).                                                      Failure To Furnish Correct Payee Statements 
• $330 per information return if you file after August 1 or       (Section 6722)
you do not file required information returns; maximum             If you fail to provide correct payee statements and you 
penalty $3,987,000 per year ($1,329,000 for small                 cannot show reasonable cause, you may be subject to a 
businesses).                                                      penalty. The penalty applies if you fail to provide the 
        If you do not file corrections and you do not meet        statement by the due date (January 31 for most returns; 
                                                                  see the Guide to Information Returns, later), you fail to 
CAUTION later, the penalty is $330 per information return.
  !     any of the exceptions to the penalty described            include all information required to be shown on the 
                                                                  statement, or you include incorrect information on the 
Small businesses—lower maximum penalties.              You        statement. “Payee statement” has the same meaning as 
are a small business if your average annual gross receipts        “statement to recipient” as used in part M.
for the 3 most recent tax years (or for the period you were         The amount of the penalty is based on when you 
in existence, if shorter) ending before the calendar year in      furnish the correct payee statement. It is a separate 
which the information returns were due are $5 million or          penalty, and is applied in the same manner as the penalty 
less.                                                             for failure to file correct information returns by the due date 
Exceptions to the penalty.      The following are exceptions      (section 6721), described earlier.
to the failure-to-file penalty.                                   Exception. An inconsequential error or omission is not 
  1. The penalty will not apply to any failure that you can       considered a failure to include correct information. An 
show was due to reasonable cause and not to willful               inconsequential error or omission cannot reasonably be 
neglect. In general, you must be able to show that your           expected to prevent or hinder the payee from timely 
failure was due to an event beyond your control or due to         receiving correct information and reporting it on his or her 
significant mitigating factors. You must also be able to          income tax return or from otherwise putting the statement 
show that you acted in a responsible manner and took              to its intended use. Errors and omissions that are never 
steps to avoid the failure.                                       inconsequential are those relating to (a) a dollar amount, 
  2. An inconsequential error or omission is not                  except as provided, later, with respect to the safe harbor 
considered a failure to include correct information. An           for de minimis dollar amount errors; (b) a significant item 
inconsequential error or omission does not prevent or             in a payee's address; (c) the appropriate form for the 
hinder the IRS from processing the return, from correlating       information provided (that is, whether the form is an 
the information required to be shown on the return with the       acceptable substitute for the official IRS form); and (d) 
information shown on the payee's tax return, or from              whether the statement was furnished in person or by 
otherwise putting the return to its intended use. Errors and      “statement mailing,” when required.
omissions that are never inconsequential are those related        Intentional disregard of payee statement require-
to (a) a TIN, (b) a payee's surname, and (c) any money            ments.  If any failure to provide a correct payee statement 
amount except as provided, later, with respect to the safe        is due to intentional disregard of the requirements to 
harbor for de minimis dollar amount errors.                       furnish a correct payee statement, the penalty is at least 
  3. De minimis rule for corrections. Even though you             $660 per payee statement with no maximum penalty.
cannot show reasonable cause, the penalty for failure to                  No penalty will be imposed on an educational 
file correct information returns will not apply to a certain        !     institution that fails to provide the TIN of a student 
number of returns if you:                                         CAUTION on Form 1098-T if the institution certifies under 
  a. Filed those information returns timely,                      penalty of perjury that it complied with the rules for 
  b. Either failed to include all the information required        obtaining the student’s TIN. See the current Instructions 
on a return or included incorrect information, and                for Forms 1098-E and 1098-T for additional information.
  c. Filed corrections by August 1.
                                                                  Safe Harbor for De Minimis Dollar Amount 
  If you meet all the conditions in (a), (b), and (c) above, 
                                                                  Errors on Information Returns and Payee 
the penalty for filing incorrect returns will not apply to the 
greater of 10 information returns or  /  of 1% (0.005) of the 1 2 Statements Under Sections 6721 and 6722
total number of information returns you are required to file      If one or more dollar amounts are incorrect on an 
for the calendar year.                                            information return filed with the IRS or on a payee 
  4. Safe harbor for de minimis dollar amount errors.             statement furnished to a recipient, no correction of the 
See Safe Harbor for De Minimis Dollar Amount Errors on            dollar amount shall be required, and the return shall be 
Information Returns and Payee Statements Under                    treated as having been filed or the payee statement 
Sections 6721 and 6722, later.                                    furnished as correct if:
                                                                  • The difference between the dollar amount reported on 
Intentional disregard of filing requirements.   If any            the filed return or furnished payee statement and the 
failure to file a correct information return is due to            correct amount is no more than $100, and
intentional disregard of the filing or correct information        • The difference between the dollar amount reported for 
                                                                  tax withheld on the filed return or furnished payee 
                                                                  statement and the correct amount is no more than $25.

20                                                                           Gen. Instr. for Certain Info. Returns (2024)

- 21 -

Page 21 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

This safe harbor provision shall not apply if a recipient • Substitute payments in lieu of dividends and tax-exempt
to whom a statement is required to be furnished elects to interest (Form 1099-MISC).
receive a corrected statement. In that case, a corrected • Acquisitions or abandonments of secured property
return must be filed with the IRS and a corrected payee (Form 1099-A).
statement furnished to the recipient. • Cancellation of debt (Form 1099-C).
For more information on safe harbor for de minimis • Payments of attorneys' fees and gross proceeds paid to
dollar amount errors on information returns and payee attorneys (Form 1099-NEC, Form 1099-MISC).
statements, see sections 6721(c)(3) and 6722(c)(3), as • Fish purchases for cash (Form 1099-MISC).
modified by T.D. 9984. • Credits and interest for qualified tax credit bonds
reported on Forms 1097-BTC and 1099-INT.
Forms 1099-B (QOF Reporting Only), 1099-Q, • Payment card and third party network transactions
1099-QA, 1099-SA, 5498, 5498-ESA, 5498-QA, (Form 1099-K).
and 5498-SA (Section 6693) • Federal executive agency payments for services (Form
1099-MISC). For additional reporting requirements, see
The penalties under sections 6721 and 6722 do not apply Rev. Rul. 2003-66 on page 1115 of Internal Revenue
to: Bulletin 2003-26 at IRS.gov/pub/irs-irbs/irb03-26.pdf.
• Payments made in a reportable policy sale (Form
Forms Filed Under Code Section
1099-LS). In addition, the following information returns are
Forms 1099-B (QOF reporting 1400Z-2 furnished to corporations, although the information returns
only) do not report payments: Form 1099-SB, Seller’s
1099-SA and 5498-SA 220(h) and 223(h) Investment in Life Insurance Contract; and Form 1098-F,
5498 408(i) and 408(l) Fines, Penalties, and Other Amounts.
1099-Q 529(d) and 530(h) Reporting is generally required for all payments to
1099-QA and 5498-QA 529A partnerships. For example, payments of $600 or more
made in the course of your trade or business to an
5498-ESA 530(h) architectural firm that is a partnership are reportable on
Form 1099-MISC.
The penalty for failure to timely file Forms 1099-SA,
5498-SA, 5498, 1099-Q, 1099-QA, 5498-QA, or Q. Earnings on Any IRA, Coverdell
5498-ESA is $50 per return with no maximum, unless the ESA, ABLE Account, Archer MSA, or
failure is due to reasonable cause. See section 6693.
HSA
Fraudulent Acknowledgments With Respect to Generally, income earned in any IRA, Coverdell ESA,
Donations of Motor Vehicles, Boats, and ABLE account, Archer MSA, or HSA, such as interest or
Airplanes (Section 6720) dividends, is not reported on Forms 1099. However,
If you are required under section 170(f)(12)(A) to furnish a distributions from such arrangements or accounts must be
contemporaneous written acknowledgment to a donor reported on Form 1099-R, 1099-Q, 1099-QA, or 1099-SA.
and you knowingly furnish a false or fraudulent Form
1098-C, or knowingly fail to furnish a Form 1098-C within R. Certain Grantor Trusts
the applicable 30-day period, you may be subject to a Certain grantor trusts (other than WHFITs) may choose to
penalty. See the current Instructions for Form 1098-C for file Forms 1099 rather than a separate statement attached
more detailed information. to Form 1041, U.S. Income Tax Return for Estates and
Trusts. If you have filed Form 1041 for a grantor trust in the
Civil Damages for Fraudulent Filing of past and you want to choose the Form 1099 filing method
Information Returns (Section 7434) for 2024, you must have filed a final Form 1041 for 2023.
If you willfully file a fraudulent information return for To change reporting method, see Regulations section
payments you claim you made to another person, that 1.671-4(g) and the Instructions for Form 1041 and
person may be able to sue you for damages. You may Schedules A, B, G, J, and K-1.
have to pay $5,000 or more.
For more information on WHFITs, see Widely held fixed
investment trusts (WHFITs), earlier.
P. Payments to Corporations and
Partnerships S. Special Rules for Reporting
Generally, payments to corporations are not reportable. Payments Made Through Foreign
See, for example, Regulations section 1.6049-4(c)(1)(ii).
However, you must report payments to corporations for Intermediaries and Foreign
the following. Flow-Through Entities on Form 1099
• Medical and health care payments (Form 1099-MISC).
• Withheld federal income tax or foreign tax. If you are the payer and have received a Form W-8IMY
• Barter exchange transactions (Form 1099-B). from a foreign intermediary or flow-through entity, follow
• Broker and barter transactions for an S corporation the instructions for completing Form 1099, later.
(Form 1099-B).

Gen. Instr. for Certain Info. Returns (2024) 21

- 22 -

Page 22 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Definitions current basis, take into account separately their shares of
an item of income paid to the entity, whether or not
Foreign intermediary (FI). An FI is any person who is distributed, and must determine the character of the items
not a U.S. person and acts as a custodian, broker, of income as if they were realized directly from the
nominee, or otherwise as an agent for another person, sources from which they were realized by the entity. For
regardless of whether that other person is the beneficial example, partnerships, common trust funds, and simple
owner of the amount paid, a flow-through entity, or another trusts or grantor trusts are generally considered to be
intermediary. The intermediary can be a qualified fiscally transparent with respect to items of income
intermediary or a nonqualified intermediary. received by them.
Qualified intermediary (QI). A QI is a person that is a
party to a withholding agreement with the IRS (described Presumption Rules
in Regulations section 1.1441-1(e)(5)(iii)) and is:
• An FFI (other than a U.S. branch of an FFI) that is a For additional information including details on the
participating FFI (including a Reporting Model 2 FFI), an TIP presumption rules, see the Instructions for the
RDC FFI (including an FFI treated as a deemed-compliant Requester of Forms W-8BEN, W-8BEN-E,
FFI under an applicable IGA subject to due diligence and W-8ECI, W-8EXP, and W-8IMY; and Pub. 515. To order,
reporting requirements similar to those applicable to an see How To Get Forms, Publications, and Other
RDC FFI under Regulations section 1.1471-5(f)(1), Assistance under part T.
including the requirement to register with the IRS), or any If you are the payer and do not have a Form W-9,
other category of FFI identified in the QI agreement; appropriate Form W-8, or other valid documentation, or
• A foreign person that has a home office or has a branch you cannot allocate a payment to a specific payee, prior to
that is an eligible entity (as described in Regulations payment, you are required to use certain presumption
section 1.1441-1(e)(6)(ii), without regard to the rules to determine the following.
requirement that the person be a QI); • The status of the payee as a U.S. or foreign person.
• A foreign branch or office of a U.S. financial institution • The classification of the payee as an individual, trust,
or a foreign branch or office of a U.S. clearing estate, corporation, or partnership.
organization; or
• A foreign entity not described above that the IRS See Regulations sections 1.1441-1(b)(3), 1.1441-5(d)
accepts as a QI. and (e), 1.6045-1(g)(3)(ii), and 1.6049-5(d).
For details on QI agreements, see Rev. Proc. 2017-15, Under these presumption rules, if you must presume
2017-03 I.R.B. 437, available at IRS.gov/irb/ that the payee is a U.S. nonexempt recipient subject to
2017-03_IRB#RP-2017-15. backup withholding, you must report the payment on a
Nonqualified intermediary (NQI). An NQI is any Form 1099. However, if before filing Form 1099 with the
intermediary that is not a U.S. person and that is not a QI. IRS the recipient is documented as foreign, then report the
payment on a Form 1042-S.
Foreign flow-through entity (FTE). An FTE is a foreign
partnership (other than a withholding foreign partnership), Conversely, if you must presume that the payee is a
a foreign simple trust or foreign grantor trust (other than a foreign recipient and prior to filing Form 1042-S with the
withholding foreign trust), or, for payments for which a IRS you discover that the payee is a U.S. nonexempt
reduced rate of withholding is claimed under an income recipient based on documentation, then report all
tax treaty, any entity to the extent the entity is considered payments made to that payee during the calendar year on
to be fiscally transparent under section 894 with respect to a Form 1099.
the payment by an interest holder's jurisdiction.
Withholding foreign partnership or withholding If you use the 90-day grace period rule to presume a
foreign trust. A withholding foreign partnership or payee is foreign, you must file a Form 1042-S to report all
withholding foreign trust is a foreign partnership or a payments subject to withholding during the grace period.
foreign simple or grantor trust that has entered into a If, after the grace period expires, you discover that the
withholding agreement with the IRS in which it agrees to payee is a U.S. nonexempt recipient subject to backup
assume primary withholding responsibility for all payments withholding, you must file a Form 1099 for all payments
that are made to it for its partners, beneficiaries, or made to that payee after the expiration of the grace
owners. See Rev. Proc. 2017-21, 2017-6 I.R.B. 791, period.

available at IRS.gov/irb/2017-06_IRB#RP-2017-21, for Rules for Payments Made to U.S. Nonexempt
procedures for entering into a withholding foreign
partnership or trust agreement. Recipients Through a QI, NQI, or FTE
Nonwithholding foreign partnership, simple trust, If you are the payer making a payment through a QI, NQI,
or grantor trust. A nonwithholding foreign partnership is or FTE for a U.S. nonexempt recipient on whose behalf the
any foreign partnership other than a withholding foreign QI, NQI, or FTE is acting, use the following rules to
partnership. A nonwithholding foreign simple trust is any complete Form 1099.
foreign simple trust that is not a withholding foreign trust. A Known recipient. If you know that a payee is a U.S.
nonwithholding foreign grantor trust is any foreign grantor nonexempt recipient and have the payee's name, address,
trust that is not a withholding foreign trust. and TIN (if a TIN has been provided), you must complete
Fiscally transparent entity. An entity is treated as the Form 1099 with that information unless you are not
fiscally transparent with respect to an item of income to required to report the payment under Regulations section
the extent that the interest holders in the entity must, on a 1.6049-4(c)(4) (applicable only to certain payments to

22 Gen. Instr. for Certain Info. Returns (2024)

- 23 -

Page 23 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

specified FFIs). Also, on the second name line below the 3. An NQI or QI that provides another payer all the
recipient's name, enter “IMY” followed by the name of the information sufficient for that payer to complete Form 1099
QI, NQI, or FTE. reporting. For example, see Regulations section
1.6049-5(b)(14). However, if an NQI or QI does not
For payments made to multiple recipients (a) enter the
provide sufficient information for another payer to report a
name of the recipient whose status you relied on to
payment on Form 1099, the intermediary must report the
determine the applicable rate of withholding; and (b) on
payment.
the second name line, enter “IMY” followed by the name of
the QI, NQI, or FTE. However, if the QI has assumed 4. A payment made by certain FFIs for which an
primary Form 1099 reporting or backup withholding exception to reporting applies under Regulations section
responsibility, you are not required to issue the Form 1099 1.6049-4(c)(4).
or to backup withhold. See Qualified intermediary (QI),
earlier. Rules for Reporting Payments Initially Reported
on Form 1042-S
Unknown recipient. If you cannot reliably associate a
If an NQI or QI receives a Form 1042-S made out to an
payment with valid documentation and are required to
“unknown recipient” and the NQI or QI has actual
presume a payee is a U.S. nonexempt recipient, do the
knowledge that the payee of the income is a U.S.
following.
nonexempt recipient, it must file a Form 1099 even if the
1. File a Form 1099 and enter “unknown recipient” on payment has been subject to withholding by another
the first name line. payer. The NQI or QI reports the amount withheld by the
2. On the second name line, enter “IMY” followed by other payer on Form 1099 as federal income tax withheld.
the name of the NQI or FTE.
3. Enter the EIN of the NQI or FTE, if applicable, in the T. How To Get Tax Help
recipient's TIN box.
4. Furnish a copy of the Form 1099 with “unknown Information Reporting Program Customer
recipient” to the NQI or FTE who is acting on the Service Section
recipient's behalf. For answers to your questions about reporting on Forms
A payer that is required to report payments made 1096, 1097, 1098, 1099, 3921, 3922, 5498, W-2, W-2G,
and W-3, call the Technical Services Operation (TSO) toll
! to a U.S. nonexempt recipient account holder but free at 866-455-7438 or 304-263-8700 (not toll free). Deaf
CAUTION does not receive the necessary allocation
information cannot report those payments on a pro rata or hard of hearing customers may call any of our toll-free
basis. Report unallocated payments using the numbers using their choice of relay service.
presumption rules described above. Other tax-related matters. For other tax information
related to business returns or accounts, call
Rules for Non-U.S. Payers 800-829-4933.
Non-U.S. payers (foreign persons that are not U.S. payers) Deaf or hard of hearing customers may call any of our
generally have the same reporting obligations as U.S. toll-free numbers using their choice of relay service.
payers. A U.S. payer is anyone who is:
• A U.S. person; Internal Revenue Bulletin (IRB)
• Any U.S. governmental agency; The IRB, published weekly, contains newly issued
• A controlled foreign corporation (CFC); regulations, notices, announcements, legislation, court
• A foreign partnership that has one or more U.S. decisions, and other items of general interest. You may
partners who, in the aggregate, hold more than 50% of the find this publication useful to keep you up to date with
gross income derived from the conduct of a U.S. trade or current developments. See How To Get Forms,
business; Publications, and Other Assistance, later.
• A foreign person who owns 50% or more of the gross
income that is effectively connected with a U.S. trade or The Taxpayer Advocate Service (TAS) Is Here To
business; or Help You
• A U.S. branch or territory financial institution described
in Regulations section 1.1441-1(b)(2)(iv) that is treated as What Is TAS?
a U.S. person.
For more information, see Regulations section TAS is an independent organization within the IRS that
1.6049-5(c)(5). helps taxpayers and protects taxpayer rights. Their job is
to ensure that every taxpayer is treated fairly and that you
Exceptions. The following payments are not subject to know and understand your rights under the Taxpayer Bill
reporting by a non-U.S. payer. of Rights.
1. A foreign source payment paid and received outside
the United States. For example, see Regulations section How Can You Learn About Your Taxpayer Rights?
1.6049-4(f)(16).
2. Gross proceeds from a sale effected outside the The Taxpayer Bill of Rights describes 10 basic rights that
United States. See Regulations section 1.6045-1(a). all taxpayers have when dealing with the IRS. Go to
TaxpayerAdvocate.IRS.gov to help you understand what

Gen. Instr. for Certain Info. Returns (2024) 23

- 24 -

Page 24 of 31 Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

these rights mean to you and how they apply. These are be filled out online and Copy A can be printed and filed
your rights. Know them. Use them. with the IRS using Form 1096.
Mail. You can send your order for forms,
What Can TAS Do for You? instructions, and publications to the address
below. You should receive a response within 10
TAS can help you resolve problems that you can't resolve business days after your request is received.
with the IRS. And their service is free. If you qualify for
their assistance, you will be assigned to one advocate Internal Revenue Service
who will work with you throughout the process and will do 1201 N. Mitsubishi Motorway
everything possible to resolve your issue. TAS can help Bloomington, IL 61705-6613
you if:
• Your problem is causing financial difficulties for you,
your family, or your business; Online. Go to IRS.gov 24 hours a day, 7 days a
• You face (or your business is facing) an immediate week to do the following.
threat of adverse action; or
• You've tried repeatedly to contact the IRS but no one • Access commercial tax preparation and e-file services.
has responded, or the IRS hasn't responded by the date • Research your tax questions online.
promised. • Search publications online by topic or keyword.
• Use the online Internal Revenue Code, regulations, or
How Can You Reach TAS? other official guidance.
• View IRBs published in the last few years.
TAS has offices in every state, the District of Columbia, • Sign up to receive local and national tax news by email.
and Puerto Rico. Your local advocate's number is in your
local directory and at TaxpayerAdvocate.IRS.gov/Contact- Comments and Suggestions
Us. You can also call them at 877-777-4778. We welcome your comments about this publication and
your suggestions for future editions.
How Else Does TAS Help Taxpayers?
You can send your comments through IRS.gov/
FormComments.
TAS works to resolve large-scale problems that affect
many taxpayers. If you know of one of these broad issues, Or you can write to the Internal Revenue Service, Tax
report it to them at IRS.gov/SAMS. Be sure to not include Forms and Publications, 1111 Constitution Ave. NW,
any personal taxpayer information. IR-6526, Washington, DC 20224.
Although we can’t respond individually to each
TAS for Tax Professionals
comment received, we do appreciate your feedback and
will consider your comments and suggestions as we
TAS can provide a variety of information for tax revise our tax forms, instructions, and publications. Don’t
professionals, including tax law updates and guidance, send tax questions, tax returns, or payments to the above
TAS programs, and ways to let TAS know about systemic address.
problems you've seen in your practice.
How To Get Forms, Publications, and Other Privacy Act and Paperwork Reduction
Assistance Act Notice
Getting tax forms, instructions, and publications. Go We ask for the information on these forms to carry out the
to IRS.gov/Forms to download current and prior-year Internal Revenue laws of the United States. You are
forms, instructions, and publications. required to give us the information. We need it to figure
Go to IRS.gov/OrderForms to order current forms, and collect the right amount of tax.
instructions, and publications; call 800-829-3676 to order Sections 170(f)(12), 199, 220(h), 223, 408, 408A, 529,
prior-year forms and instructions. The IRS will process 529A, 530, 853A, 6039, 6041, 6041A, 6042, 6043, 6044,
your order for forms and publications as soon as possible. 6045, 6047, 6049, 6050A, 6050B, 6050D, 6050E, 6050H,
Don’t resubmit requests you’ve already sent us. You can 6050J, 6050N, 6050P, 6050Q, 6050R, 6050S, 6050T,
get some forms and publications faster online. 6050U, 6050W, 6050X, 6050Y, and their regulations
Because the IRS processes paper forms by require you to file an information return with the IRS and
furnish a statement to recipients. Section 6109 and its
CAUTION equipment), you cannot file Form 1096 or Copy A
! machine (optical character recognition regulations require you to provide your TIN on what you
of Forms 1097, 1098, 1099, 3921, 3922, or 5498 that you file.
print from the IRS website. However, you can use Copy B Routine uses of this information include giving it to the
from those sources to provide recipient statements. Department of Justice for civil and criminal litigation, and
to cities, states, the District of Columbia, and U.S.
Exception. Forms 1097-BTC, 1098-C, 1098-MA, commonwealths and territories for use in administering
1099-CAP, 1099-H, 1099-LTC, 1099-Q, 1099-QA, their tax laws. We may also disclose this information to
1099-SA, 3922, 5498-ESA, 5498-QA, and 5498-SA can other countries under a tax treaty, to federal and state

24 Gen. Instr. for Certain Info. Returns (2024)

- 25 -

Page 25 of 31                Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

agencies to enforce federal nontax criminal laws, or to                  Burden estimates are based upon current statutory 
federal law enforcement and intelligence agencies to                     requirements as of October 2023. Estimates of burden do 
combat terrorism. If you fail to provide this information in a           not reflect any future legislative changes that may affect 
timely manner, or provide false or fraudulent information,               the 2024 tax year. Any changes to burden estimates will 
you may be subject to penalties.                                         be included in the IRS’s annual Paperwork Reduction Act 
You are not required to provide the information                          submission to the Office of Management and Budget 
requested on a form that is subject to the Paperwork                     (OMB) and will be made publicly available on RegInfo.gov. 
Reduction Act unless the form displays a valid OMB                       If you have comments concerning the accuracy of these 
control number. Books or records relating to a form or its               time estimates, we would be happy to hear from you. You 
instructions must be retained as long as their contents                  can send your comments from IRS.gov/FormComments. 
may become material in the administration of any Internal                Or you can write to the Internal Revenue Service, Tax 
Revenue law. Generally, tax returns and return information               Forms and Publications, 1111 Constitution Ave. NW, 
are confidential, as required by section 6103. The time                  IR-6526, Washington, DC 20224. Do not send these 
needed to complete and file the following forms will vary                forms to this address. Instead, see part D.
depending on individual circumstances. The estimated 
average times are:
1096. . . . . . . . . . . . . . . . . . . . . . . . . . . . .  14 minutes
1097-BTC* . . . . . . . . . . . . . . . . . . . . . . . . .    19 minutes
1098. . . . . . . . . . . . . . . . . . . . . . . . . . . . .  15 minutes
1098-C* . . . . . . . . . . . . . . . . . . . . . . . . . .    18 minutes
1098-E . . . . . . . . . . . . . . . . . . . . . . . . . . .  7 minutes
1098-F . . . . . . . . . . . . . . . . . . . . . . . . . . .  7 minutes
1098-MA   . . . . . . . . . . . . . . . . . . . . . . . . .   14 minutes
1098-Q . . . . . . . . . . . . . . . . . . . . . . . . . . .  8 minutes
1098-T . . . . . . . . . . . . . . . . . . . . . . . . . . .  13 minutes
1099-A . . . . . . . . . . . . . . . . . . . . . . . . . . .  9 minutes
1099-B . . . . . . . . . . . . . . . . . . . . . . . . . . .  30 minutes
1099-C . . . . . . . . . . . . . . . . . . . . . . . . . . .  13 minutes
1099-CAP* . . . . . . . . . . . . . . . . . . . . . . . . .   11 minutes
1099-DIV . . . . . . . . . . . . . . . . . . . . . . . . . .  28 minutes
1099-G . . . . . . . . . . . . . . . . . . . . . . . . . . .  18 minutes
1099-H . . . . . . . . . . . . . . . . . . . . . . . . . . .  18 minutes
1099-INT . . . . . . . . . . . . . . . . . . . . . . . . . .  13 minutes
1099-K . . . . . . . . . . . . . . . . . . . . . . . . . . .  28 minutes
1099-LS . . . . . . . . . . . . . . . . . . . . . . . . . .   7 minutes
1099-LTC. . . . . . . . . . . . . . . . . . . . . . . . . .   13 minutes
1099-MISC   . . . . . . . . . . . . . . . . . . . . . . . .   18 minutes
1099-NEC . . . . . . . . . . . . . . . . . . . . . . . . .    14 minutes
1099-OID  . . . . . . . . . . . . . . . . . . . . . . . . .   23 minutes
1099-PATR . . . . . . . . . . . . . . . . . . . . . . . . .   15 minutes
1099-Q . . . . . . . . . . . . . . . . . . . . . . . . . . .  13 minutes
1099-QA . . . . . . . . . . . . . . . . . . . . . . . . . .   10 minutes
1099-R . . . . . . . . . . . . . . . . . . . . . . . . . . .  25 minutes
1099-S . . . . . . . . . . . . . . . . . . . . . . . . . . .  8 minutes
1099-SA . . . . . . . . . . . . . . . . . . . . . . . . . .   11 minutes
1099-SB . . . . . . . . . . . . . . . . . . . . . . . . . .   7 minutes
3921* . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 minutes
3922* . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 minutes
5498. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 minutes
5498-ESA  . . . . . . . . . . . . . . . . . . . . . . . . .   7 minutes
5498-QA . . . . . . . . . . . . . . . . . . . . . . . . . .   11 minutes
5498-SA . . . . . . . . . . . . . . . . . . . . . . . . . .   10 minutes
W-2G . . . . . . . . . . . . . . . . . . . . . . . . . . . .  24 minutes
* Privacy Act does not pertain to this form. 

Gen. Instr. for Certain Info. Returns (2024)                                                                                   25

- 26 -

Page 26 of 31        Fileid: … 099general/2024/a/xml/cycle04/source                                                           13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Guide to Information Returns 

If any date shown falls on a Saturday, Sunday, or legal holiday in the District of Columbia or where the return is to be filed, 
the due date is the next business day. Leap years do not impact the due date. See Announcement 91-179, 1991-49 
I.R.B. 78, for more information.
                                                                                                                                           Due Date
                                                                                                                                                 To Recipient
     Form     Title                                 What To Report                                          Amounts To Report       To IRS         (unless 
                                                                                                                                                   indicated 
                                                                                                                                                 otherwise)
1042-S    Foreign Person's U.S.  Income such as interest, dividends, royalties, pensions and annuities, 
          Source Income         etc., and amounts withheld under chapter 3. Also, distributions of          See form instructions   March 15       March 15
          Subject to Withholding effectively connected income by publicly traded partnerships or 
                                nominees.
1097-BTC  Bond Tax Credit       Tax credit bond credits to bondholders.                                                                          On or before the 
                                                                                                                                                 15th day of the 
                                                                                                                                                 2nd calendar 
                                                                                                            All amounts             February 28* month after the 
                                                                                                                                                 close of the 
                                                                                                                                                 calendar month in 
                                                                                                                                                 which the credit is 
                                                                                                                                                   allowed
1098      Mortgage Interest     Mortgage interest (including points) and certain mortgage insurance                                                (To Payer/
          Statement             premiums you received in the course of your trade or business from          $600 or more            February 28*   Borrower)
                                individuals and reimbursements of overpaid interest.                                                              January 31
1098-C    Contributions of Motor  Information regarding a donated motor vehicle, boat, or airplane.                                                (To Donor)
          Vehicles, Boats, and                                                                              Gross proceeds of       February 28* 30 days from date 
          Airplanes                                                                                         more than $500                         of sale or 
                                                                                                                                                 contribution
1098-E    Student Loan Interest  Student loan interest received in the course of your trade or business.    $600 or more            February 28* January 31
          Statement
1098-F    Fines, Penalties, and Statement furnished by a government or governmental entity regarding 
          Other Amounts         payments required by a court order or agreement with respect to a           $50,000 or more         N/A            N/A
                                violation or potential violation of law.
1098-MA   Mortgage Assistance   Assistance payments paid to homeowners from funds allocated from the 
          Payments              Housing Finance Agency Innovation Fund for the Hardest Hit Housing          All amounts             February 28  January 31
                                Markets (HFA Hardest Hit Fund) or the Emergency Homeowners' Loan 
                                Program.
1098-Q    Qualifying Longevity  Status of a contract that is intended to be a qualifying longevity annuity 
          Annuity Contract      contract (QLAC), defined in section A-17 of Regulations section 1.401(a)
          Information           (9)-6, that is purchased or held under any plan, annuity, or account        All amounts             February 28  January 31
                                described in section 401(a), 403(a), 403(b), or 408 (other than a Roth 
                                IRA) or eligible governmental plan under section 457(b).
1098-T    Tuition Statement     Qualified tuition and related expenses, reimbursements or refunds, and      See instructions        February 28* January 31
                                scholarships or grants (optional).
1099-A    Acquisition or        Information about the acquisition or abandonment of property that is                                             (To Borrower) 
          Abandonment of        security for a debt for which you are the lender.                           All amounts             February 28* January 31
          Secured Property
1099-B    Proceeds From         Sales or redemptions of securities, futures transactions, commodities, 
          Broker and Barter     and barter exchange transactions (including payments reported pursuant      All amounts             February 28* February 15**
          Exchange              to an election described in Regulations section 1.1471-4(d)(5)(i)(A) or 
          Transactions          reported as described in Regulations section 1.1471-4(d)(2)(iii)(A)).
1099-C    Cancellation of Debt  Cancellation of a debt owed to a financial institution, the federal 
                                government, a credit union, RTC, FDIC, NCUA, a military department, the     $600 or more            February 28* January 31
                                U.S. Postal Service, the Postal Rate Commission, or any organization 
                                having a significant trade or business of lending money.
1099-CAP  Changes in Corporate  Information about cash, stock, or other property from an acquisition of                                          (To Shareholders) 
          Control and Capital   control or the substantial change in capital structure of a corporation.                                         January 31, (To 
          Structure                                                                                         Over $1,000             February 28*   Clearing 
                                                                                                                                                 Organization) 
                                                                                                                                                   January 5
1099-DIV  Dividends and         Distributions, such as dividends, capital gain distributions, or nontaxable 
          Distributions         distributions, that were paid on stock and liquidation distributions        $10 or more, except 
                                (including distributions reported pursuant to an election described in      $600 or more for        February 28* January 31**
                                Regulations section 1.1471-4(d)(5)(i)(A) or reported as described in        liquidations
                                Regulations section 1.1471-4(d)(2)(iii)(A)).
1099-G    Certain Government    Unemployment compensation, state and local income tax refunds,              $10 or more for refunds February 28* January 31
          Payments              agricultural payments, and taxable grants.                                  and unemployment
* The due date is March 31 if filed electronically. 
** The due date is March 15 for reporting by trustees and middlemen of WHFITs.

26                                                                                                          Gen. Instr. for Certain Info. Returns (2024)

- 27 -

Page 27 of 31              Fileid: … 099general/2024/a/xml/cycle04/source                                                        13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Guide to Information Returns (continued)

                                                                                                                                        Due Date
                                                                                                                                              To Recipient
Form      Title                                        What To Report                                   Amounts To Report        To IRS       (unless indicated 
                                                                                                                                                otherwise)
1099-H    Health Coverage Tax Health insurance premiums paid on behalf of certain individuals.
          Credit (HCTC)                                                                                 All amounts              February 28*   January 31
          Advance Payments 
1099-INT  Interest Income     Interest income (including payments reported pursuant to an election 
                              described in Regulations section 1.1471-4(d)(5)(i)(A) or reported as 
                              described in Regulations section 1.1471-4(d)(2)(iii)(A)); market discount $10 or more ($600 or     February 28*   January 31**
                              subject to an election under section 1278(b). Tax-exempt interest and     more in some cases)
                              U.S. Savings Bonds and Treasury obligations interest are also reported 
                              on this form.
1099-K    Payment Card and    Payment card transactions.                                                All amounts
          Third Party Network                                                                                                    February 28*   January 31
          Transactions         Third party network transactions.                                        more than $600 
1099-LS   Reportable Life     Payments made to a payment recipient in a reportable policy sale.                                               (To Reportable 
          Insurance Sale                                                                                                                      Policy Sale Payment 
                                                                                                                                              Recipient) February 
                                                                                                                                              15, (To issuer) 
                                                                                                        All amounts***           February 28* January 15 or earlier 
                                                                                                                                              as required by 
                                                                                                                                              Regulations section 
                                                                                                                                              1.6050Y-2(d)(2)(i)
                                                                                                                                                (A)
          Long-Term Care and  Payments under a long-term care insurance contract and accelerated 
1099-LTC  Accelerated Death   death benefits paid under a life insurance contract or by a viatical      All amounts              February 28*   January 31
          Benefits            settlement provider.
1099-MISC Miscellaneous       Rent or royalty payments; prizes and awards that are not for services, 
          Information         such as winnings on TV or radio shows (including payments reported        $600 or more, except 
                              pursuant to an election described in Regulations section 1.1471-4(d)(5)   $10 or more for royalties
                              (i)(A) or reported as described in Regulations section 1.1471-4(d)(2)(iii)
                              (A)).
                              Payments to crew members by owners or operators of fishing boats          All amounts
                              including payments of proceeds from sale of catch.
                              Section 409A income from nonqualified deferred compensation plans         All amounts                             January 31**
                              (NQDCs).
                              Payments to a physician, physicians' corporation, or other supplier of 
                              health and medical services. Issued mainly by medical assistance          $600 or more
                              programs or health and accident insurance plans.
                              Fish purchases paid in cash for resale.                                   $600 or more              February 28*
                              Crop insurance proceeds.                                                  $600 or more
                              Substitute dividends and tax-exempt interest payments reportable by       $10 or more                           February 15**
                              brokers.
                              Gross proceeds paid to attorneys.                                         $600 or more                          February 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       All amounts
                              reach the applicable reporting threshold for any applicable Form 1099)    (including $0)                          January 31**
                              reported pursuant to an election described in Regulations section 
                              1.1471-4(d)(5)(i)(A).
                              Aggregated direct sales of consumer goods for resale.                     $5,000 or more
1099-NEC  Nonemployee         Payments for services performed for a trade or business by people not 
          Compensation        treated as its employees (including payments reported pursuant to an 
                              election described in Regulations section 1.1471-4(d)(5)(i)(A) or         $600 or more
                              reported as described in Regulations section 1.1471-4(d)(2)(iii)(A)).                              January 31     January 31
                              Examples: fees to subcontractors or directors and golden parachute 
                              payments.
                              Aggregated direct sales of consumer goods for resale.                     $5,000 or more
1099-OID  Original Issue      Original issue discount (including amounts reported pursuant to an 
          Discount            election described in Regulations section 1.1471-4(d)(5)(i)(A) or 
                              reported as described in Regulations section 1.1471-4(d)(2)(iii)(A)); 
                              market discount subject to an election under section 1278(b). OID on      $10 or more              February 28*   January 31**
                              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.
* The due date is March 31 if filed electronically. 
** The due date is March 15 for reporting by trustees and middlemen of WHFITs.
*** See Regulations sections 1.6050Y-1(a)(16)(ii) and 1.6050Y-2(f)(2) for exceptions for amounts paid to persons other than sellers. Also, no amounts are required to be reported on 
statements furnished to issuers. See Regulations section 1.6050Y-2(d)(2)(i)(A).
Gen. Instr. for Certain Info. Returns (2024)                                                                                                                                         27

- 28 -

Page 28 of 31         Fileid: … 099general/2024/a/xml/cycle04/source                                                       13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Guide to Information Returns (continued)

                                                                                                                                  Due Date
                                                                                                                                                To Recipient
     Form       Title                                   What To Report                                  Amounts To         To IRS               (unless indicated 
                                                                                                        Report                                  otherwise)
1099-PATR Taxable Distributions Distributions from cooperatives passed through to their patrons 
          Received From         including any domestic production activities deduction and certain      $10 or more        February 28*         January 31
          Cooperatives          pass-through credits.
1099-Q    Payments From         Earnings from qualified tuition programs and Coverdell ESAs.
          Qualified Education 
          Programs (Under                                                                               All amounts        February 28*         January 31
          Sections 529 and 
          530)
1099-QA   Distributions From    Distributions from ABLE accounts.                                       All amounts        February 28          January 31
          ABLE Accounts
1099-R    Distributions From    Distributions from retirement or profit-sharing plans, any IRA, 
          Pensions, Annuities,  insurance contracts, and IRA recharacterizations (including payments 
          Retirement or         reported pursuant to an election described in Regulations section       $10 or more        February 28*         January 31
          Profit-Sharing Plans, 1.1471-4(d)(5)(i)(B) or reported as described in Regulations section 
          IRAs, Insurance       1.1471-4(d)(2)(iii)(A)).
          Contracts, etc.
1099-S    Proceeds From Real    Gross proceeds from the sale or exchange of real estate and certain     Generally, $600 or February 28*         February 15
          Estate Transactions   royalty payments.                                                       more
1099-SA   Distributions From an  Distributions from an HSA, Archer MSA, or Medicare Advantage MSA.
          HSA, Archer MSA, or                                                                           All amounts        February 28*         January 31
          Medicare Advantage 
          MSA
1099-SB   Seller’s Investment in  Seller’s investment in a life insurance contract as determined by the                    February 28* (except February 15 (except 
          Life Insurance        issuer.                                                                 All amounts        as provided in       as provided in 
          Contract                                                                                                         Regulations section  Regulations section 
                                                                                                                           1.6050Y-3(c))        1.6050Y-3(d)(2))
3921      Exercise of an        Transfer of stock pursuant to the exercise of an incentive stock option 
          Incentive Stock       under section 422(b).                                                   All amounts        February 28*         January 31
          Option Under Section 
          422(b)
3922      Transfer of Stock     Transfer of stock acquired through an employee stock purchase plan 
          Acquired Through an  under section 423(c).
          Employee Stock                                                                                All amounts        February 28*         January 31
          Purchase Plan Under 
          Section 423(c)
5498      IRA Contribution      Contributions (including rollover contributions) to any individual                                              (To Participant)
          Information           retirement arrangement (IRA), including a SEP, SIMPLE, and Roth                                                  For FMV/RMD/
                                IRA; Roth conversions; IRA recharacterizations; and the fair market                                             SIMPLE IRA 
                                value (FMV) of the account (including information on hard-to-value      All amounts        May 31               contributions,
                                assets).                                                                                                         January 31;
                                                                                                                                                 For all other 
                                                                                                                                                contributions, May 31
5498-ESA  Coverdell ESA         Contributions (including rollover contributions) to a Coverdell ESA.
          Contribution                                                                                  All amounts        May 31               April 30
          Information
5498-QA   ABLE Account          Contributions (including rollover contributions) to an ABLE account.
          Contributions                                                                                 All amounts        May 31               March 15
          Information
5498-SA   HSA, Archer MSA, or  Contributions to an HSA (including transfers and rollovers) or Archer                                            (To Participant)
          Medicare Advantage    MSA and the FMV of an HSA, Archer MSA, or Medicare Advantage            All amounts        May 31                May 31
          MSA Information       MSA.
W-2G      Certain Gambling      Gambling winnings from horse racing, dog racing, jai alai, lotteries,   Generally, $600 or 
          Winnings              keno, bingo, slot machines, sweepstakes, wagering pools, poker          more; $1,200 or 
                                tournaments, etc.                                                       more from bingo or February 28*         January 31
                                                                                                        slot machines; 
                                                                                                        $1,500 or more 
                                                                                                        from keno
* The due date is March 31 if filed electronically. 

28                                                                                                      Gen. Instr. for Certain Info. Returns (2024)

- 29 -

Page 29 of 31                   Fileid: … 099general/2024/a/xml/cycle04/source                                              13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Types of Payments                                                              Type of Payment                                                   Report on Form
                                                                               Foreign persons' income . . . . . . . . . . . . . . . . . .      1042-S
Below is an alphabetic list of some payments and the                           401(k) contributions . . . . . . . . . . . . . . . . . . . .     W-2
forms to file and report them on. However, it is not a                         404(k) dividend . . . . . . . . . . . . . . . . . . . . . . .    1099-DIV
                                                                               Gambling winnings . . . . . . . . . . . . . . . . . . . . .      W-2G
complete list of all payments, and the absence of a                            Golden parachute—employee      . . . . . . . . . . . . . . .     W-2
payment from the list does not indicate that the payment is                    Golden parachute—nonemployee        . . . . . . . . . . . . .    1099-NEC
not reportable. For instructions on a specific type of                         Grants—taxable    . . . . . . . . . . . . . . . . . . . . . .    1099-G
payment, see the separate instructions in the form(s)                          Health care services . . . . . . . . . . . . . . . . . . . .     1099-MISC
listed.                                                                        Health coverage tax credit (HCTC) advance .payments. . .         1099-H
Type of Payment                                                 Report on Form Health savings accounts:
                                                                               —Contributions . . . . . . . . . . . . . . . . . . . . . . .     5498-SA
ABLE accounts:                                                                 —Distributions . . . . . . . . . . . . . . . . . . . . . . .     1099-SA
 —Contributions  . . . . . . . . . . . . . . . . . . . . . .   5498-QA         Income attributable to domestic production activities, deduction 
 —Distributions . . . . . . . . . . . . . . . . . . . . . . .  1099-QA         for   . . . . . . . . . . . . . . . . . . . . . . . . . . . .    1099-PATR
Abandonment     . . . . . . . . . . . . . . . . . . . . . . .  1099-A          Income tax refunds—state and local . . . . . . . . . . . .       1099-G
Accelerated death benefits . . . . . . . . . . . . . . . . .   1099-LTC        Indian gaming profits paid to tribal members . . . . . . . .     1099-MISC
Acquisition of control . . . . . . . . . . . . . . . . . . . . 1099-CAP        Interest income . . . . . . . . . . . . . . . . . . . . . . .    1099-INT
Agriculture payments . . . . . . . . . . . . . . . . . . . .   1099-G          Tax-exempt . . . . . . . . . . . . . . . . . . . . . . . . .     1099-INT
Allocated tips . . . . . . . . . . . . . . . . . . . . . . . . W-2             Interest, mortgage  . . . . . . . . . . . . . . . . . . . . .    1098
Alternate TAA payments   . . . . . . . . . . . . . . . . . .   1099-G          IRA contributions . . . . . . . . . . . . . . . . . . . . . .    5498
Annuities . . . . . . . . . . . . . . . . . . . . . . . . . .  1099-R          IRA distributions . . . . . . . . . . . . . . . . . . . . . .    1099-R
Archer MSAs:                                                                   Life insurance contract distributions . . . . . . . . . . . .    1099-R, 1099-LTC
 —Contributions  . . . . . . . . . . . . . . . . . . . . . .   5498-SA         Liquidation—distributions . . . . . . . . . . . . . . . . .      1099-DIV
 —Distributions . . . . . . . . . . . . . . . . . . . . . . .  1099-SA         Loans, distribution from pension plan . . . . . . . . . . . .    1099-R
Attorney, fees and gross proceeds . . . . . . . . . . . . .    1099-MISC       Long-term care benefits  . . . . . . . . . . . . . . . . . .     1099-LTC
Auto reimbursements—employee       . . . . . . . . . . . . .   W-2             Medicare Advantage MSAs:
Auto reimbursements—nonemployee        . . . . . . . . . . .   1099-NEC         —Contributions   . . . . . . . . . . . . . . . . . . . . . .    5498-SA
Awards—employee    . . . . . . . . . . . . . . . . . . . . .   W-2              —Distributions . . . . . . . . . . . . . . . . . . . . . . .    1099-SA
Awards—nonemployee . . . . . . . . . . . . . . . . . . .       1099-NEC        Medical services . . . . . . . . . . . . . . . . . . . . . .     1099-MISC
Barter exchange income . . . . . . . . . . . . . . . . . .     1099-B          Mileage—employee     . . . . . . . . . . . . . . . . . . . .     W-2
Bond tax credit . . . . . . . . . . . . . . . . . . . . . . .  1097-BTC        Mileage—nonemployee      . . . . . . . . . . . . . . . . . .     1099-NEC
Bonuses—employee . . . . . . . . . . . . . . . . . . . .       W-2             Military retirement . . . . . . . . . . . . . . . . . . . . .    1099-R
Bonuses—nonemployee . . . . . . . . . . . . . . . . . .        1099-NEC        Mortgage assistance payments. . . . . . . . . . . . . . .        1098-MA
Broker transactions . . . . . . . . . . . . . . . . . . . . .  1099-B          Mortgage interest. . . . . . . . . . . . . . . . . . . . . .     1098
Cancellation of debt . . . . . . . . . . . . . . . . . . . .   1099-C          Moving expense    . . . . . . . . . . . . . . . . . . . . . .    W-2
Capital gain distributions . . . . . . . . . . . . . . . . . . 1099-DIV        Nonemployee compensation . . . . . . . . . . . . . . . .         1099-NEC
Car expense—employee . . . . . . . . . . . . . . . . . .       W-2             Nonqualified deferred compensation:
Car expense—nonemployee . . . . . . . . . . . . . . . .        1099-NEC         —Beneficiary  . . . . . . . . . . . . . . . . . . . . . . .     1099-R
Changes in capital structure . . . . . . . . . . . . . . . .   1099-CAP         —Employee . . . . . . . . . . . . . . . . . . . . . . . .       W-2
Charitable gift annuities. . . . . . . . . . . . . . . . . . . 1099-R          Nonemployee. . . . . . . . . . . . . . . . . . . . . . . .       1099-NEC
Commissions—employee       . . . . . . . . . . . . . . . . .   W-2             Original issue discount (OID) . . . . . . . . . . . . . . . .    1099-OID
Commissions—nonemployee        . . . . . . . . . . . . . . .   1099-NEC        Tax-exempt OID    . . . . . . . . . . . . . . . . . . . . . .    1099-OID
Commodities transactions   . . . . . . . . . . . . . . . . .   1099-B          Patronage dividends . . . . . . . . . . . . . . . . . . . .      1099-PATR
Compensation—employee . . . . . . . . . . . . . . . . .        W-2             Payment card transactions . . . . . . . . . . . . . . . . .      1099-K
Compensation—nonemployee . . . . . . . . . . . . . . .         1099-NEC        Pensions . . . . . . . . . . . . . . . . . . . . . . . . . .     1099-R
Contributions of motor vehicles, boats, and airplanes. . . .   1098-C          Points. . . . . . . . . . . . . . . . . . . . . . . . . . . .    1098
Cost of current life insurance protection. . . . . . . . . . . 1099-R          Prizes—employee     . . . . . . . . . . . . . . . . . . . . .    W-2
Coverdell ESA contributions  . . . . . . . . . . . . . . . .   5498-ESA        Prizes—nonemployee     . . . . . . . . . . . . . . . . . . .     1099-NEC
Coverdell ESA distributions. . . . . . . . . . . . . . . . .   1099-Q          Profit-sharing plan . . . . . . . . . . . . . . . . . . . . .    1099-R
Crop insurance proceeds. . . . . . . . . . . . . . . . . .     1099-MISC       Punitive damages    . . . . . . . . . . . . . . . . . . . . .    1099-MISC
Damages . . . . . . . . . . . . . . . . . . . . . . . . . .    1099-MISC       Qualified longevity annuity contract. . . . . . . . . . . . .    1098-Q
Death benefits  . . . . . . . . . . . . . . . . . . . . . . .  1099-R          Qualified plan distributions . . . . . . . . . . . . . . . . .   1099-R
Debt cancellation . . . . . . . . . . . . . . . . . . . . . .  1099-C          Qualified tuition program payments  . . . . . . . . . . . . .    1099-Q
Dependent care payments . . . . . . . . . . . . . . . . .      W-2             Real estate transactions . . . . . . . . . . . . . . . . . .     1099-S
Direct rollovers . . . . . . . . . . . . . . . . . . . . . . . 1099-Q, 1099-R, Recharacterized IRA contributions . . . . . . . . . . . . .       1099-R, 5498
                                                               5498            Refund—state and local tax   . . . . . . . . . . . . . . . .     1099-G
Direct sales of consumer products for resale . . . . . . . .   1099-MISC,      Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . .    1099-MISC
                                                               1099-NEC        Reportable policy sale . . . . . . . . . . . . . . . . . . .     1099-LS
Directors' fees . . . . . . . . . . . . . . . . . . . . . . .  1099-MISC       Retirement . . . . . . . . . . . . . . . . . . . . . . . . .     1099-R
Discharge of indebtedness . . . . . . . . . . . . . . . . .    1099-C          Roth conversion IRA contributions   . . . . . . . . . . . . .    5498
Dividends. . . . . . . . . . . . . . . . . . . . . . . . . .   1099-DIV        Roth conversion IRA distributions. . . . . . . . . . . . . .     1099-R
Donation of motor vehicle. . . . . . . . . . . . . . . . . .   1098-C          Roth IRA contributions . . . . . . . . . . . . . . . . . . .     5498
Education loan interest . . . . . . . . . . . . . . . . . . .  1098-E          Roth IRA distributions . . . . . . . . . . . . . . . . . . .     1099-R
Employee business expense reimbursement . . . . . . . .        W-2             Royalties . . . . . . . . . . . . . . . . . . . . . . . . . .    1099-MISC, 1099-S
Employee compensation . . . . . . . . . . . . . . . . . .      W-2             Timber—pay-as-cut contract . . . . . . . . . . . . . . . .       1099-S
Excess deferrals, excess contributions-distributions . . . .   1099-R          Sales:
Exercise of incentive stock option under section 422(b)  . .   3921             —Real estate  . . . . . . . . . . . . . . . . . . . . . . .     1099-S
Fees—employee . . . . . . . . . . . . . . . . . . . . . .      W-2              —Securities . . . . . . . . . . . . . . . . . . . . . . . .     1099-B
Fees—nonemployee . . . . . . . . . . . . . . . . . . . .       1099-NEC        Section 1035 exchange. . . . . . . . . . . . . . . . . . .       1099-R
Fishing boat crew members proceeds     . . . . . . . . . . .   1099-MISC       Seller’s investment in life insurance contract . . . . . . . .   1099-SB
Fish purchases for cash  . . . . . . . . . . . . . . . . . .   1099-MISC       SEP contributions   . . . . . . . . . . . . . . . . . . . . .    W-2, 5498
Foreclosures . . . . . . . . . . . . . . . . . . . . . . . .   1099-A          SEP distributions . . . . . . . . . . . . . . . . . . . . . .    1099-R
                                                                               Severance pay . . . . . . . . . . . . . . . . . . . . . . .      W-2
                                                                               Sick pay . . . . . . . . . . . . . . . . . . . . . . . . . .     W-2

Gen. Instr. for Certain Info. Returns (2024)                                                                                                    29

- 30 -

Page 30 of 31                   Fileid: … 099general/2024/a/xml/cycle04/source 13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Type of Payment                                                 Report on Form
SIMPLE contributions. . . . . . . . . . . . . . . . . . . .    W-2, 5498
SIMPLE distributions . . . . . . . . . . . . . . . . . . . .   1099-R
Student loan interest . . . . . . . . . . . . . . . . . . . .  1098-E
Substitute payments in lieu of dividends or tax-exempt 
interest . . . . . . . . . . . . . . . . . . . . . . . . . .   1099-MISC
Supplemental unemployment. . . . . . . . . . . . . . . .       W-2
Tax refunds—state and local . . . . . . . . . . . . . . . .    1099-G
Third party network transactions . . . . . . . . . . . . . .   1099-K
Tips. . . . . . . . . . . . . . . . . . . . . . . . . . . . .  W-2
Traditional IRA contributions . . . . . . . . . . . . . . . .  5498
Traditional IRA distributions. . . . . . . . . . . . . . . . . 1099-R
Transfer of stock acquired through an employee stock purchase 
plan under section 423(c)     . . . . . . . . . . . . . . . .  3922
Tuition . . . . . . . . . . . . . . . . . . . . . . . . . . .  1098-T
Unemployment benefits   . . . . . . . . . . . . . . . . . .    1099-G
Vacation allowance—employee. . . . . . . . . . . . . . .       W-2
Vacation allowance—nonemployee. . . . . . . . . . . . .        1099-NEC
Wages   . . . . . . . . . . . . . . . . . . . . . . . . . . .  W-2

30                                                                             Gen. Instr. for Certain Info. Returns (2024)

- 31 -

Page 31 of 31           Fileid: … 099general/2024/a/xml/cycle04/source               13:27 - 26-Jan-2024

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Index
 
                                       Guide to Information Returns   26      Penalties 9 19, 
A                                                                             Private delivery services 6
Account number box     14              H
                                       Help 23                                Q
B                                                                             Qualified settlement funds                 3
Backup withholding   2 18 19, ,        I
                                       Information returns, other   6         S
C                                                                             State and local tax departments               7
Corporations, payments to   21         K                                      Statement mailing requirements                15, 
Corrected returns, how to file  10     Keeping copies  8                       16
                                                                              Statements to recipients  2 15 16,          , 
D                                      L                                      Substitute forms  2 9 15 16,  , , 
                                                                              Successor/predecessor reporting                2
Due dates 6 8 16,  ,                   Limited liability company (LLC) 13 14, 
                                       Logos or substitute statements  15,    T
E                                        16
                                                                              Taxpayer Advocate  23
Electronic reporting 8                                                        Taxpayer identification number 
Extension to file 6                    M
                                                                               (TIN) 13 18, 
Extension to furnish statements   18   Mailing forms 8                        Telephone numbers on 
                                                                               statements     15
F                                      N                                      TIN Matching  2
FATCA filing requirements   4 13 14, , Names, TINs, etc. 13                   Transmitters, paying agents, etc.             7
Filing returns 7                       Nominee/middleman    2
FIRE System 8                                                                 V
Foreign intermediaries, payments       O                                      Void returns  11
  made through    21                   Ordering forms 24
Foreign person, payment to  4                                                 W
Form 1096 2 7,                         P                                      When to file 6 8, 
Form 945 19
                                       Paper document reporting     9         When to furnish statements                  16
Form W-9 14
                                       Partnerships, payments to    21        Where to file 7
Forms, how to get    24
                                       Payee statements  2 15 16, ,           Who must file 2 8, 
                                       Payments made through foreign          Widely held fixed investment trusts             4
G                                        intermediaries  22                   Withholding, backup 2 18 19, , 
Grantor trusts 21

                                                                                                                             31

PDF file checksum: 3591822022

(Plugin #1/9.12/13.0)