2009 1099 Form | 2009 1099 Forms : What’s New for Tax Year 2009 / 2010

2009 1099 forms can be prepared, created, e-mailed, printed and e-filed using our W2 Mate 2009 software (in tax year 2010). You can also import 2009 1099 Form data from QuickBooks and other accounting software products. A free evaluation demo of our 2009 1099 software can be downloaded by going to the 1099 software page or by visiting our main page at http://www.realtaxtools.com/ .

2009 1099 Forms – What’s New

Extension of due date for statements sent to recipients:  The due date for furnishing statements to recipients for Forms 2009 1099-MISC (if amounts are reported in boxes 8 or 14) has been extended to February 15.  Our 1099 misc software can be used to print recipient copies of forms 1099-MISC on regular white paper. 1099 misc forms can also be generated as PDF to be e-mailed or sent electronically.

2009 Form 1099-DIV:  Payments of section 404(k) dividends directly from a corporation to participants in an employee stock ownership plan, or their beneficiaries, must be reported on form 1099-DIV. You can use our W2 Mate software to prepare, e-file and print 1099-DIV forms.

Instructions for 2009 Forms 1099-INT : The credit allowable to holders of the following tax credit bonds is treated as interest and reported in box 1 of Form 1099-INT;  (1) Qualified forestry conservation bonds issued after May 22,2008. (2) Qualified energy conservation bonds. (3) Qualified zone academy bonds. (4) Midwestern tax credit bonds. Our 1099-INT software for tax year 2009 can be used to prepare 1099-INT forms copies for recipient and for the IRS. It can also generate form 1096 to be sent with 1099-INT forms copy A.

Form 1099-MISC 2009: The following reporting changes have been made to Form 1099-MISC ; (1) Military differential pay. Payments made after 2008 to former employees while they are on active duty for more than 30 days in the Armed Forces or other uniformed services are not reported on Form 1099-MISC. Report those payments on  Form W-2 instead.  (2) Death benefits. Death benefits from nonqualified deferred  compensation plans paid to the estate or beneficiary of a  deceased employee are now reported on Form 1099-MISC  instead of Form 1099-R. Death benefit payments from qualified  plans continue to be reported on Form 1099-R. (3) Payments to individuals in medical research studies.  Payments made to individuals in medical research studies are reported in box 3. (4) Box 15a. Payers are not required to report deferrals under  nonqualified deferred compensation plans under section 409A in box 15a.

To learn more about our complete line of 2010 Payroll, 2009 W2 forms, 2009 1099 forms, and 2009 1099 software products please go to www.realtaxtools.com .