Our W2 Mate 1099 Software can help businesses stay compliant with 2009 / 2010 1099 instructions by providing the necessary tools to prepare, create, print, e-mail and e-file 2009 1099 forms including 2010 1099-MISC (for 2009 tax year), 2009 1099-INT, 2009 1099-DIV and 2009 1099-R. A free demo of W2 Mate can be downed from the 1099 software page. You can also read more about W2 Mate by going to www.realtaxtools.com .
Below are the 2009 1099 instructions ( 2010 1099 instructions for tax year 2009):
2009 1099-MISC Instructions / 2010 1099-MISC Instructions
File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year: At least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest; At least $600 in rents, services (including parts and materials), prizes and awards, other income payments, medical and health care payments, crop insurance proceeds, cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish, or, generally, the cash paid from a notional principal contract to an individual, partnership, or estate; Any fishing boat proceeds; or Gross proceeds to an attorney.
Due dates: Furnish Copy B of form 1099-MISC to the recipient by February 1, 2010. The due date is extended to February 16, 2010, if you are reporting payments in boxes 8 or 14. File Copy A of the 2009 / 2010 1099 MISC with the IRS by March 1, 2010. If you file electronically, the due date is March 31, 2010. To file electronically, you must have 1099 e-file software like W2 Mate that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1098, 1099, 3921, 3922, 5498, and W-2G Electronically. IRS does not provide a fill-in form option.
Where to mail 2010 1099-MISC (for 2009 tax year): If your principal business, office or agency, or legal residence in the case of an individual, is located in (Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida, Georgia, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Vermont, Virginia, West Virginia ) then send to Department of the Treasury Internal Revenue Service Center Austin, TX 73301 . If your principal business, office or agency, or legal residence in the case of an individual, is located in (Alaska, California, Colorado, District of Columbia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Utah, Washington, Wisconsin, Wyoming ) then send to Department of the Treasury Internal Revenue Service Center Kansas City, MO 64999.
Things to remember:
Do not cut or separate Copies A of the forms that are printed two or three to a sheet.
No photocopies of any forms are acceptable.
Do not staple, tear, or tape any of these forms. It will interfere with the IRS’s ability to scan the documents.
Pinfeed holes on the form are not acceptable.
Do not change the title of any box on any form. Do not use a form to report information that is not properly reportable on that form.
Report information only in the appropriate boxes provided on the forms.
Do not submit any copy other than Copy A to the IRS.
Do not use prior year forms unless you are reporting prior year information; do not use subsequent year forms for the current year. Because forms are scanned, you must use the current year form to report current year information.
Do not use dollar signs ($) (they are preprinted on the forms), ampersands (&), asterisks (*), commas (,), or other special characters in money amount boxes.
Do not use apostrophes (‘), asterisks (*), or other special characters on the payee name line.
2009 1099-INT Instructions / 2010 1099-INT Instructions
File Form 2009 1099-INT, Interest Income, for each person: To whom you paid amounts reportable in boxes 1, 3, and 8 of at least $10 (or at least $600 of interest paid in certain case), For whom you withheld and paid any foreign tax on interest, or From whom you withheld (and did not refund) any federal income tax under the backup withholding rules regardless of the amount of the payment.
Furnish Copy B of form 1099-INT for tax year 2009 (filed in 2010) to the recipient by February 1, 2010. File Copy A of form 1099 INT with the IRS by March 1, 2010. If you file electronically, the due date is March 31, 2010. To file electronically, you must have a 1099-INT e-File software that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1098, 1099, 3921, 3922, 5498, and W-2G Electronically. IRS does not provide a fill-in form option.
Where to mail 2010 1099-INT (for 2009 tax year): If your principal business, office or agency, or legal residence in the case of an individual, is located in (Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida, Georgia, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Vermont, Virginia, West Virginia ) then send to Department of the Treasury Internal Revenue Service Center Austin, TX 73301 . If your principal business, office or agency, or legal residence in the case of an individual, is located in (Alaska, California, Colorado, District of Columbia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Utah, Washington, Wisconsin, Wyoming ) then send to Department of the Treasury Internal Revenue Service Center Kansas City, MO 64999.
2009 1099-DIV Instructions / 2010 1099-DIV Instructions
File Form 1099-DIV, Dividends and Distributions, for each 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 a liquidation.
Furnish Copy B of form 2010 1099-DIV (tax year 2009) to the recipient by February 1, 2010. File Copy A of form 1099 DIV with the IRS by March 1, 2010. If you file electronically, the due date is March 31, 2010. To file electronically, you must have a 1099-DIV e-File software that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1098, 1099, 3921, 3922, 5498, and W-2G Electronically. IRS does not provide a fill-in form option.
Please see “2009 1099-INT Instructions / 2010 1099-INT Instructions” for mailing address .
2009 1099-R Instructions / 2010 1099-R Instructions
File Form 1099-R, 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 IRAs, annuities, pensions, insurance contracts, survivor income benefit plans, permanent and total disability payments under life insurance contracts, charitable gift annuities, etc. Also, report on Form 1099-R death benefit payments made by employers that are not made as part of a pension, profit-sharing, or retirement plan. Reportable disability payments made from a retirement plan must be reported on Form 1099-R.
Sebd Copy B of form 2010 1099-R (tax year 2009) to the recipient by February 1, 2010. File Copy A of form 1099 R with the IRS by March 1, 2010. If you file electronically, the due date is March 31, 2010. To file electronically, you must have a 1099-R e-file software that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1098, 1099, 3921, 3922, 5498, and W-2G Electronically. IRS does not provide a fill-in form option.
Please see “2009 1099-INT Instructions / 2010 1099-INT Instructions” for mailing address .
For more information about W2 Mate W2 / 1099 Software please visit the 1099 software details page or go to www.realtaxtools.com .