Learn more about 1098, 1099, and W-2 forms

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About Information Returns
 
Form 1099-MISC

Form 1099-MISC is a U.S. Internal Revenue (IRS) form that reports compensation paid during the year to an individual who is not an employee. When a business uses a contractor, consultant, free-lancer, etc., it is required to file a 1099-MISC if the total amount of compensation paid to that individual that year is more than $600.



Form 1099-DIV

Form 1099-DIV is an U.S. Internal Revenue (IRS) form that is used to report Dividends and Distributions paid to a person:
  • To whom you have paid dividends (including capital gain dividends) and other distributions on stock of $10 or more,
  • For whom you have withheld and paid any foreign tax on dividends and other distributions on stock,
  • For whom you have withheld any federal income tax on dividends under the backup withholding rules, or
  • To whom you have paid $600 or more as part of liquidation.




Form 1099-INT

Form 1099-INT is a U.S. Internal Revenue (IRS) form that reports interest paid during the year to an individual whom you have paid $600 in interest.

Form 1099-INT also is used to report specified private activity bond interest and federal income tax withheld (backup withholding), if applicable.




Form 1099-B - Proceeds From Broker and Barter Exchange Transactions

Form 1099-B is a U.S. Internal Revenue (IRS) form that is used to report proceeds From Broker and Barter Exchange Transactions for each person for whom the broker has sold stocks, bonds, commodities, regulated futures contracts, foreign currency contracts, forward contracts, debt instruments, etc.



Form 1099-C - Cancellation of Debt

Form 1099-C is a U.S. Internal Revenue (IRS) form that is needs to be filed for each debtor for whom a debt owed is $600 or more if the debtor is an individual, corporation, partnership, trust, estate, association, or company. Form 1099-C must be filed regardless of whether the debtor is required to report the debt as income.



Form 1099-R - Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

Form 1099-R is a U.S. Internal Revenue (IRS) form that is used to report Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., for each person to whom you have made a designated distribution or are treated as having made a distribution of $10 or more from profit-sharing or retirement plans, any individual retirement arrangements (IRAs), annuities, pensions, insurance contracts, survivor income benefit plans, permanent and total disability payments under life insurance contracts, charitable gift annuities, etc.



Form 1099-S - Proceeds From Real Estate Transactions

Form 1099-S is a U.S. Internal Revenue (IRS) form that reports sale or exchange transaction for money, indebtedness, property, or services of any present or future ownership interest in any improved or unimproved land, permanent structures, residential, commercial, industrial building, stock in a cooperative housing corporation or non-contingent interest in standing timber.



Form 1098 - Mortgage Interest Statement

Form 1098 is a U.S. Internal Revenue (IRS) form that is used to report mortgage interest of $600 or more received during the year in the course of trade or business from an individual, including a sole proprietor. The $600 threshold applies separately to each mortgage.



Form 1098-T - Tuition Statement

Form 1098-T is a U.S. Internal Revenue (IRS) form that is used for each student enrolled and for whom a reportable transaction is made. Insurers must file Form 1098-T for each individual to whom reimbursements or refunds of qualified tuition and related expenses is made.



Form 1098-MA - Mortgage Assistance Payments

Form 1098-MA is used to provide information to the IRS and to homeowners regarding mortgage payments made by the homeowners and mortgage assistance payments made with funds allocated from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (HFA Hardest Hit Fund) or the Emergency Homeowners' Loan Program.



Form W-2 - Wage and Tax Statement

Form W-2 is a U.S. Internal Revenue (IRS) form that is used for each employee you have paid remuneration, including noncash payments of $600 or more for the year (all amounts if any income, social security, or Medicare tax was withheld) for services performed.