2024

General Instructions for 

Certain Information Returns

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

Department of the Treasury

Internal Revenue Service

Section references are to the Internal Revenue Code 

unless otherwise noted.

Contents Page

What’s New ............................... 1

Future Developments ........................ 1

Reminders ................................ 1

Items You Should Note ....................... 2

Guide to Information Returns ................... 2

A. Who Must File ........................... 2

B. Other Information Returns ................... 6

C. When To File ............................ 6

D. Where To File ............................ 7

E. Filing Returns With the IRS .................. 7

F. Electronic Reporting ....................... 8

G. Paper Document Reporting .................. 9

H. Corrected Returns on Paper Forms ........... 10

I. Void Returns ............................ 11

J. Recipient Names and Taxpayer Identification 

Numbers (TINs) ........................ 13

K. Filer's Name, Taxpayer Identification Number 

(TIN), and Address ...................... 14

L. Account Number Box on Forms .............. 14

M. Statements to Recipients (Beneficiaries, 

Borrowers, Debtors, Donors, Employees, 

Insureds, Participants, Payment or Credit 

Recipients, Payers, Policyholders, Sellers, 

Shareholders, Students, Transferors, or 

Winners on Certain Forms) ................ 15

N. Backup Withholding ...................... 18

O. Penalties .............................. 19

P. Payments to Corporations and Partnerships ..... 21

Q. Earnings on Any IRA, Coverdell ESA, ABLE 

Account, Archer MSA, or HSA .............. 21

R. Certain Grantor Trusts ..................... 21

S. Special Rules for Reporting Payments Made 

Through Foreign Intermediaries and Foreign 

Flow-Through Entities on Form 1099 ......... 21

T. How To Get Tax Help ...................... 23

Privacy Act and Paperwork Reduction Act Notice ... 24

Guide to Information Returns ................. 26

Index ................................... 31

What’s New

E-filing returns. The Taxpayer First Act of 2019 

authorized the Department of the Treasury and the IRS to 

issue regulations that reduce the 250-return e-file 

threshold. T.D. 9972, published February 23, 2023, 

lowered the e-file threshold to 10 (calculated by 

aggregating all information returns), effective for 

information returns required to be filed on or after January 

1, 2024. Go to IRS.gov/InfoReturn for e-file options.

Future Developments

For the latest information about developments related to 

the General Instructions for Certain Information Returns 

after they were published, go to General Instructions for 

Certain Information Returns at IRS.gov/

1099GeneralInstructions.

Reminders

Information Reporting Intake System (IRIS). The IRS 

has developed IRIS, an online portal that allows taxpayers 

to electronically file (e-file) information returns after 

December 31, 2022, for 2022 and later tax years. IRIS is a 

free service. See part F or go to IRS.gov/IRIS for 

additional information and updates.

Where to send extension of time to furnish statements to recipients. An extension of time to furnish the 

statements is now a fax-only submission. See Extension 

of time to furnish statements to recipients, later, for more 

information.

Due date for certain statements sent to recipients. 

The due date for furnishing statements to recipients for 

Forms 1099-B, 1099-S, and 1099-MISC (if amounts are 

reported in boxes 8 or 10) is February 17, 2025. This also 

applies to statements furnished as part of a consolidated 

reporting statement. See the Guide to Information Returns 

for due dates for all returns.

E-file. E-filers are reminded that using the FIRE System 

requires following the specifications contained in Pub. 

1220. IRIS users should follow the specifications in Pub. 

5717, IRIS Taxpayer Portal User Guide. Also, the IRS 

does not provide a fill-in form option for most forms 

required to be filed with the IRS covered by these 

instructions; however, see Online fillable forms in part E, 

later. See part F for information on e-file.

Online fillable forms Copies 1, B, 2, C, and D. Copies 

1, B, 2, C, and D, as applicable, to be furnished to 

recipients and kept in filers’ records, have been made 

fillable online at IRS.gov for many forms referenced in 

these instructions. See the separate instructions for Forms 

1098, 1098-E&T, 1098-F, 1098-Q, 1099-A&C, 1099-B, 

1099-DIV, 1099-G, 1099-INT&OID, 1099-K, 1099-LS, 

1099-MISC&NEC, 1099-PATR, 1099-R&5498, 1099-S, 

1099-SB, and 3921.

Payee. Throughout these instructions, the term “payee” 

means the person with respect to whom Forms 1097, 

1098, 1099, 3921, 3922, 5498, or W-2G are required to be 

Jan 26, 2024 Cat. No. 27976F
filed, including beneficiaries, borrowers, debtors, donors, 

employees, insureds, participants, payment or credit 

recipients, policyholders, sellers, shareholders, students, 

transferors, and winners.

Items You Should Note

Photographs of Missing Children

The Internal Revenue Service is a proud partner with the 

National Center for Missing & Exploited Children® 

(NCMEC). Photographs of missing children selected by 

the Center may appear in instructions on pages that would 

otherwise be blank. You can help bring these children 

home by looking at the photographs and calling 

1-800-THE-LOST (1-800-843-5678) if you recognize a 

child.

Available Instructions

In addition to these general instructions, which contain 

general information concerning Forms 1096, 1097, 1098, 

1099, 3921, 3922, 5498, and W-2G, we provide specific 

form instructions separately. Get the instructions you need 

for completing a specific form from the following list of 

separate instructions.

• Instructions for Form 1097-BTC.

• Instructions for Form 1098.

• Instructions for Form 1098-C.

• Instructions for Forms 1098-E and 1098-T.

• Instructions for Form 1098-F.

• Instructions for Form 1098-Q.

• Instructions for Forms 1099-A and 1099-C.

• Instructions for Form 1099-B.

• Instructions for Form 1099-CAP.

• Instructions for Form 1099-DIV.

• Instructions for Form 1099-G.

• Instructions for Form 1099-H.

• Instructions for Forms 1099-INT and 1099-OID.

• Instructions for Form 1099-K.

• Instructions for Form 1099-LS.

• Instructions for Form 1099-LTC.

• Instructions for Forms 1099-MISC and 1099-NEC.

• Instructions for Form 1099-PATR.

• Instructions for Form 1099-Q.

• Instructions for Forms 1099-QA and 5498-QA.

• Instructions for Forms 1099-R and 5498.

• Instructions for Form 1099-S.

• Instructions for Forms 1099-SA and 5498-SA.

• Instructions for Form 1099-SB.

• Instructions for Forms 3921 and 3922.

• Instructions for Form 5498-ESA.

• Instructions for Forms W-2G and 5754.

You can also obtain the latest developments for each of 

the forms and instructions listed here by visiting their 

information pages at IRS.gov. See the separate 

instructions for each form on the webpage via the link.

See How To Get Forms, Publications, and Other 

Assistance, later.

Guide to Information Returns

See the chart, later, for a brief summary of information 

return reporting rules.

Use Form 1096 To Send Paper Forms to the IRS

You must send Copies A of all paper Forms 1097, 1098, 

1099, 3921, 3922, 5498, and W-2G to the IRS with Form 

1096, Annual Summary and Transmittal of U.S. 

Information Returns. Instructions for completing Form 

1096 are contained on Form 1096. Also see part E.

Reporting Backup Withholding on Forms 1099 

and W-2G

If you backup withhold on a payment, you must file the 

appropriate Form 1099 or Form W-2G with the IRS and 

furnish a statement to the recipient to report the amount of 

the payment and the amount withheld. This applies even 

though the amount of the payment may be below the 

normal threshold for filing Form 1099 or Form W-2G. For 

how to report backup withholding, see part N.

Substitute Statements to Recipients

If you are using a substitute form to furnish information 

statements to recipients (generally Copy B), be sure your 

substitute statements comply with the rules in Pub. 1179. 

Pub. 1179, which is revised annually, explains the 

requirements for format and content of substitute 

statements to recipients. See part M for additional 

information.

Taxpayer Identification Number (TIN) Matching

TIN Matching allows a payer or authorized agent who is 

required to file Forms 1099-B, DIV, G, INT, K, MISC, NEC, 

OID, and/or PATR, which report income subject to backup 

withholding, to match TIN and name combinations with 

IRS records before submitting the forms to the IRS. TIN 

Matching is one of the e-services products that is offered 

and is accessible through the IRS website. For program 

guidelines, see Pub. 2108-A, or go to IRS.gov and enter 

keyword “TIN Matching” in the upper right corner. It is 

anticipated that payers who validate the TIN and name 

combinations before filing information returns will receive 

fewer backup withholding (CP2100) notices and penalty 

notices. E-services technical support is available by 

calling 866-255-0654.

A. Who Must File

See the separate specific instructions for each form.

Nominee/middleman returns. Generally, if you receive 

a Form 1099 for amounts that actually belong to another 

person, you are considered a nominee recipient. You must 

file a Form 1099 with the IRS (the same type of Form 1099 

you received) for each of the other owners showing the 

amounts allocable to each. You must also furnish a Form 

1099 to each of the other owners. File the new Form 1099 

with Form 1096 with the IRS Submission Processing 

Center for your area. On each new Form 1099, list yourself 

as the “payer” and the other owner as the “recipient.” On 

Form 1096, list yourself as the “Filer.” A spouse is not 

required to file a nominee return to show amounts owned 

by the other spouse. The nominee, not the original payer, 

is responsible for filing the subsequent Forms 1099 to 

show the amount allocable to each owner.

Successor/predecessor reporting. A successor 

business entity (a corporation, partnership, or sole 

2 Gen. Instr. for Certain Info. Returns (2024)
proprietorship) and a predecessor business entity (a 

corporation, partnership, or sole proprietorship) may 

agree that the successor will assume all or some of the 

predecessor's information reporting responsibilities. This 

would permit the successor to file one Form 1097, 1098, 

1099, 3921, 3922, 5498, or W-2G for each recipient 

combining the predecessor's and successor's reportable 

amounts, including any withholding. If they so agree and 

the successor satisfies the predecessor's obligations and 

the conditions described on this page, the predecessor 

does not have to file the specified information returns for 

the acquisition year. If the successor and predecessor do 

not agree, or if the requirements described are not met, 

the predecessor and the successor each must file Forms 

1097, 1098, 1099, 3921, 3922, 5498, and W-2G for their 

own reportable amounts as they usually would. For more 

information and the rules that apply to filing combined 

Forms 1042-S, see Rev. Proc. 99-50, which is available on 

page 757 of Internal Revenue Bulletin 1999-52 at 

IRS.gov/pub/irs-irbs/irb99-52.pdf.

The combined reporting procedure is available when all 

the following conditions are met.

1. The successor acquires from the predecessor 

substantially all the property (a) used in the trade or 

business of the predecessor, including when one or more 

corporations are absorbed by another corporation under a 

merger agreement under which the surviving corporation 

becomes the owner of all the assets and assumes all the 

liabilities of the absorbed corporation(s); or (b) used in a 

separate unit of a trade or business of the predecessor.

2. The predecessor is required to report amounts, 

including any withholding, on information returns for the 

year of acquisition for the period before the acquisition.

3. The predecessor is not required to report amounts, 

including withholding, on information returns for the year 

of acquisition for the period after the acquisition.

Combined reporting agreement. The predecessor 

and the successor must agree on the specific forms to 

which the combined reporting procedure applies and that 

the successor assumes the predecessor's entire 

information reporting obligations for these forms. The 

predecessor and successor may agree to:

1. Use the combined reporting procedure for all Forms 

1097, 1098, 1099, 3921, 3922, 5498, and W-2G; or

2. Limit the use of the combined reporting procedure 

to (a) specific forms, or (b) specific reporting entities, 

including any unit, branch, or location within a particular 

business entity that files its own separate information 

returns. For example, if the predecessor's and successor's 

only compatible computer or recordkeeping systems are 

their dividends paid ledgers, they may agree to use the 

combined reporting procedure for Forms 1099-DIV only. 

Similarly, if the only compatible systems are in their 

Midwest branches, they may agree to use the combined 

reporting procedure for only the Midwest branches.

Combined reporting procedure. On each Form 

1097, 1098, 1099, 3921, 3922, 5498, and W-2G filed by 

the successor, the successor must combine the 

predecessor's (before the acquisition) and successor's 

reportable amounts, including any withholding, for the 

acquisition year and report the aggregate. For 

transactional reporting, the successor must report each of 

the predecessor's transactions and each of its own 

transactions on the appropriate form. The successor may 

include with the form sent to the recipient additional 

information explaining the combined reporting.

For purposes of the combined reporting procedure, the 

sharing of TINs and other information obtained under 

section 3406 for information reporting and backup 

withholding purposes does not violate the confidentiality 

rules in section 3406(f).

Statement required. The successor must file a 

statement with the IRS indicating the forms that are being 

filed on a combined basis under Rev. Proc. 99-50. The 

statement must:

1. Include the predecessor's and successor's names, 

addresses, telephone numbers, employer identification 

numbers (EINs), and the name and telephone number of 

the person responsible for preparing the statement;

2. Reflect separately the amount of federal income tax 

withheld by the predecessor and by the successor for 

each type of form being filed on a combined basis (for 

example, Form 1099-R or 1099-MISC); and

3. Be sent separately from Forms 1097, 1098, 1099, 

3921, 3922, 5498, and W-2G by the forms' due dates to:

Internal Revenue Service

Information Returns Branch

230 Murall Drive, Mail Stop 4360

Kearneysville, WV 25430

Do not send Form 1042-S statements to this address. 

Instead, use the address given in the Instructions for Form 

1042-S; see Rev. Proc. 99-50.

Qualified settlement funds. A qualified settlement fund 

must file information returns for distributions to claimants if 

any transferor to the fund would have been required to file 

if the transferor had made the distributions directly to the 

claimants.

For distributions to transferors, a fund is considered in a 

trade or business for information reporting purposes and 

may be required to file Form 1099-MISC or other 

information returns. For payments made by the fund on 

behalf of a claimant or transferor, the fund is subject to 

these same rules and may have to file information returns 

for payment to third parties. For information reporting 

purposes, a payment made by the fund on behalf of a 

claimant or transferor is considered a distribution to the 

claimant or transferor and is also subject to information 

reporting requirements.

The same filing requirements, exceptions, and 

thresholds may apply to qualified settlement funds as 

apply to any other payer. That is, the fund must determine 

the character of the payment (for example, interest, fixed 

or determinable income, or gross proceeds from broker 

transactions) and to whom the payment is made (for 

example, corporation or individual).

For more information, see Regulations section 

1.468B-2(l). Also, see Treasury Decision (T.D.) 9249, 

2006-10 I.R.B. 546, available at IRS.gov/irb/

2006-10_IRB#TD-9249. T.D. 9249 relates to escrow and 

similar funds.

Gen. Instr. for Certain Info. Returns (2024) 3
Payments to foreign persons. See the Instructions for 

Form 1042-S, relating to U.S. source income of foreign 

persons, for reporting requirements relating to payments 

to foreign persons.

Widely held fixed investment trusts (WHFITs). 

Trustees and middlemen of WHFITs are required to report 

all items of gross income and proceeds on the appropriate 

Form 1099. For the definition of a WHFIT, see Regulations 

section 1.671-5(b)(22). A tax information statement that 

includes the information provided to the IRS on Forms 

1099, as well as additional information identified in 

Regulations section 1.671-5(e), must be furnished to trust 

interest holders (TIHs).

Items of gross income (including original issue discount 

(OID)) attributable to the TIH for the calendar year, 

including all amounts of income attributable to selling, 

purchasing, or redeeming of a trust holder's interest in the 

WHFIT, must be reported. Items of income that are 

required to be reported, including non-pro rata partial 

principal payments, trust sales proceeds, redemption 

asset proceeds, and sales of a trust interest on a 

secondary market, must be reported on Form 1099-B. 

See Regulations section 1.671-5(d).

Safe harbor rules for determining the amount of an item 

to be reported on Form 1099 and a tax information 

statement with respect to a TIH in a non-mortgage WHFIT 

(NMWHFIT) and a widely held mortgage trust (WHMT) 

are found in Regulations sections 1.671-5(f) and (g), 

respectively.

Trustees and middlemen must follow all the rules for 

filing Forms 1099 with the IRS and furnishing a statement 

to the TIH (except as noted below) as described in parts A 

through S of these instructions. Trustees and middlemen 

should also follow the separate instructions for Forms 

1099-B, 1099-DIV, 1099-INT, 1099-MISC, and 1099-OID, 

as applicable, which may address additional income 

reporting requirements.

Due date and other requirements for furnishing 

statement to TIH. The written tax information for 2024 

furnished to the TIH is due on or before March 17, 2025. 

For other items of expense and credit that must be 

reported to the TIH, see Regulations section 1.671-5(c).

There is no reporting requirement if the TIH is an 

exempt recipient unless the trustee or middleman backup 

withholds under section 3406. If the trustee or middleman 

backup withholds, then follow the rules in part N. An 

exempt recipient for this purpose is defined in Regulations 

section 1.671-5(b)(7).

Reporting to foreign persons. Items of a WHFIT 

attributable to a TIH who is not a U.S. person must be 

reported and amounts withheld following the provisions of 

sections 1441 through 1464. See Form 1042-S and its 

separate instructions for more information.

Foreign Account Tax Compliance Act (FATCA) 

Filing Requirements of Certain Foreign Financial 

Institutions (FFIs)

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.

If the account is either a U.S. account held by a 

passive nonfinancial foreign entity (NFFE) that is a 

U.S.-owned foreign entity or an account held by 

an owner-documented FFI, do not file a Form 1099 with 

respect to such an account. Instead, you must file Form 

8966, in accordance with its requirements and its 

accompanying instructions, to report the account for 

chapter 4 purposes.

Election described in Regulations section 

1.1471-4(d)(5)(i)(A). You are eligible to make this 

election to report an account on Form(s) 1099 if:

• You are a participating FFI (including a Reporting Model 

2 FFI) (PFFI) or are a registered deemed-compliant FFI 

(RDC FFI) (other than a Reporting Model 1 FFI) required 

to report a U.S. account as a condition of your applicable 

RDC FFI status (see Regulations section 1.1471-5(f)(1)

(i));

• You are required to report the account as a U.S. 

account for chapter 4 purposes; and

• The account is a U.S. account held by a specified U.S. 

person.

Election described in Regulations section 

1.1471-4(d)(5)(i)(B). You are eligible to make this 

election to report an account on Form(s) 1099 if:

• You are a PFFI or are an RDC FFI (other than a 

Reporting Model 1 FFI) required to report a U.S. account 

as a condition of your applicable RDC FFI status (see 

Regulations section 1.1471-5(f)(1)(i));

• You are required to report the account as a U.S. 

account for chapter 4 purposes; and

• The account is a U.S. account held by a specified U.S. 

person that is a cash value insurance contract or annuity 

contract that you elect to report in a manner similar to 

section 6047(d).

You may make an election described in Regulations 

section 1.1471-4(d)(5)(i)(A) or (B) either with respect to all 

such U.S. accounts or with respect to any clearly identified 

group of such accounts (for example, by line of business 

or by location where the account is maintained).

Special reporting by U.S. payer described in Regulations section 1.1471-4(d)(2)(iii)(A). If you are a U.S. 

payer that is a PFFI other than a U.S. branch, you may 

also satisfy your requirement to report with respect to a 

U.S. account for chapter 4 purposes by reporting on each 

appropriate Form 1099 in the manner described in 

Regulations section 1.1471-4(d)(2)(iii)(A).

Reporting procedure. If you are an FFI that is eligible to 

make an election described in Regulations section 

1.1471-4(d)(5)(i)(A) or (B) or are a U.S. payer reporting as 

described in Regulations section 1.1471-4(d)(2)(iii)(A), 

you must do so by filing each appropriate Form 1099 with 

the IRS and reporting the payments required to be 

reported by a U.S. payer (as defined in Regulations 

section 1.6049-5(c)(5)) with respect to the account. 

However, see Payments required to be reported, later. 

Also see the separate specific instructions for each form 

to determine which form to file.

CAUTION

!

4 Gen. Instr. for Certain Info. Returns (2024)
All Form 1099 filers must have an EIN. If you have 

not previously filed a Form 1099 or other return, 

you must obtain an EIN and include it on each 

Form 1099 that you file. See part K for more information, 

including how to obtain an EIN and exceptions to the EIN 

rule.

In addition to the information otherwise required to be 

reported on the appropriate Form 1099, you must also 

include the following information for each account you are 

reporting as described in Regulations section 1.1471-4(d)

(2)(iii)(A) or (d)(5)(i)(A) or (B).

• The name, address, and TIN of the account holder.

• The account number.

• If applicable, the jurisdiction of the branch that 

maintains the account being reported by adding the 

branch’s jurisdiction after the payer’s name, that is, 

“Payer’s Name (Jurisdiction X branch).”

If you are an FFI making an election described in 

Regulations section 1.1471-4(d)(5)(i)(A) or (B), or 

are a U.S. payer reporting as described in 

Regulations section 1.1471-4(d)(2)(iii)(A), you are 

required to report the payee’s account number on each 

Form 1099 you file (regardless of the fact that the account 

number may otherwise be optional for purposes of 

reporting on the applicable Form 1099).

If you are a sponsoring entity that is reporting a U.S. 

account on behalf of a sponsored FFI described above, 

report on the appropriate Form(s) 1099 the following 

information in the payer boxes (if filing on paper) or in the 

appropriate fields of the payer record (if e-filing).

• For the name, enter the sponsored FFI’s name on the 

first line and the sponsoring entity’s name on the second 

line.

• For the address, enter the sponsoring entity’s address.

• For the federal (or taxpayer) identification number, enter 

the sponsored FFI’s EIN.

In addition, if you are e-filing, enter numeric code “1” in 

the “Transfer Agent Indicator” field. See Pub. 1220 for 

e-file of forms. If you are filing on paper, enter your Global 

Intermediary Identification Number (GIIN) in the lower 

right-hand portion of the title area on the top of Form 1096. 

For transmittal of paper forms, see Form 1096 and its 

accompanying instructions.

If you are an FFI described above that is electing to 

report an account to which you did not make any 

payments for the calendar year that are required to be 

reported on a Form 1099, you must report the account on 

Form 1099-MISC or Form 1099-NEC. In addition, if you 

made any payments for the calendar year that would be 

required to be reported on a Form 1099 if not for an 

applicable dollar amount threshold, you must also report 

the account on Form 1099-MISC or Form 1099-NEC. See 

the Instructions for Forms 1099-MISC and 1099-NEC.

Payments required to be reported. If you make an 

election described in Regulations section 1.1471-4(d)(5)

(i)(A) or (B), you are required to report any payments 

made to the account as required for purposes of the 

election, that is, payments that would be reportable under 

sections 6041, 6042, 6045, and 6049 if you were a U.S. 

payer.

TIP

CAUTION

!

Reporting under chapter 4 does not affect an FFI’s 

otherwise applicable obligations to report 

payments as a payer under chapter 61.

Forms 1099 used. The payments required to be 

reported under this election for calendar year 2024 must 

be reported, as applicable, on Form 1099-B, Proceeds 

From Broker or Barter Exchange Transactions; 1099-DIV, 

Dividends and Distributions; 1099-INT, Interest Income; 

1099-MISC, Miscellaneous Information; 1099-NEC, 

Nonemployee Compensation; 1099-OID, Original Issue 

Discount; or 1099-R, Distributions From Pensions, 

Annuities, Retirement or Profit-Sharing Plans, IRAs, 

Insurance Contracts, etc. Also see the separate specific 

instructions for each form.

Definitions. Generally, for detailed information about 

definitions that apply for purposes of chapter 4, see 

Regulations section 1.1471-1(b). A Reporting foreign 

intermediary (FI) under a Model 2 Intergovernmental 

Agreement (IGA) should also refer to definitions that may 

apply under that IGA or apply pursuant to any applicable 

domestic law pertaining to its FATCA obligations. Solely 

for purposes of filing Forms 1099, the following definitions 

are provided to help guide filers through the process.

Account. An account means a financial account 

described in Regulations section 1.1471-5(b), including a 

cash value insurance contract and annuity contract.

Account holder. An account holder is the person who 

holds a financial account, as determined under 

Regulations section 1.1471-5(a)(3).

Foreign financial institution (FFI). An FFI generally 

means a foreign entity that is a financial institution.

Owner-documented FFI. An owner-documented FFI 

is an FFI described in Regulations section 1.1471-5(f)(3).

Participating FFI (PFFI). A PFFI is an FFI that has 

agreed to comply with the requirements of an FFI 

agreement with respect to all branches of the FFI, other 

than a branch that is a Reporting Model 1 FFI or a U.S. 

branch. The term “PFFI” also includes an FFI described in 

a Model 2 IGA that has agreed to comply with the 

requirements of an FFI agreement with respect to a 

branch, and a qualified intermediary (QI) branch of a U.S. 

financial institution, unless such branch is a Reporting 

Model 1 FFI.

Recalcitrant account holder. A recalcitrant account 

holder is an account holder (other than an account holder 

that is an FFI) of a PFFI or RDC FFI that has failed to 

provide the FFI maintaining its account with the 

information required under Regulations section 

1.1471-5(g).

Registered deemed-compliant FFI (RDC FFI). An 

RDC FFI is an FFI described in Regulations section 

1.1471-5(f)(1), and includes a Reporting Model 1 FFI, a QI 

branch of a U.S. financial institution that is a Reporting 

Model 1 FFI, and a nonreporting foreign intermediary (FI) 

treated as an RDC FFI under a Model 2 IGA.

Reporting Model 1 FFI. A Reporting Model 1 FFI is an 

FI, including a foreign branch of a U.S. financial institution, 

treated as a reporting financial institution under a Model 1 

IGA.

CAUTION

!

Gen. Instr. for Certain Info. Returns (2024) 5
Reporting Model 2 FFI. A Reporting Model 2 FFI is 

an FI or branch of an FI treated as a reporting financial 

institution under a Model 2 IGA.

Specified U.S. person. A specified U.S. person is any 

U.S. person described in Regulations section 1.1473-1(c).

Sponsored FFI. A Sponsored FFI is an FFI that is an 

investment entity, a controlled foreign corporation, or a 

closely held investment vehicle that has a Sponsoring 

Entity that performs certain due diligence, withholding, 

and reporting obligations on behalf of the Sponsored FFI.

Sponsoring Entity. A Sponsoring Entity is an entity 

that has registered with the IRS to perform the due 

diligence, withholding, and reporting obligations of one or 

more Sponsored FFIs or Sponsored Direct Reporting 

NFFEs.

U.S. account. A U.S. account is any account held by 

one or more specified U.S. persons. A U.S. account also 

includes any account held by a passive NFFE that has 

one or more substantial U.S. owners, or in the case of a 

Reporting Model 2 FFI, any account held by a passive 

NFFE that has one or more controlling persons that are 

specified U.S. persons. See Regulations section 

1.1471-5(a) and an applicable Model 2 IGA.

B. Other Information Returns

The income information you report on the following forms 

must not be repeated on Forms 1099 or W-2G.

• Form W-2, reporting wages and other employee 

compensation.

• Forms 1042-S and 1000, reporting income to foreign 

persons.

• Form 2439, reporting undistributed long-term capital 

gains of a regulated investment company (RIC) or real 

estate investment trust (REIT).

• Schedule K-1 or K-3 (Form 1065), reporting distributive 

shares to members of a partnership.

• Schedule K-1 (Form 1041), reporting distributions to 

beneficiaries of trusts or estates.

• Schedule K-1 or K-3 (Form 1120-S), reporting 

distributive shares to shareholders of S corporations.

• Schedule K of Form 1120-IC-DISC, reporting actual and 

constructive distributions to shareholders and deferred 

DISC income.

• Schedule Q (Form 1066), reporting income from a real 

estate mortgage investment conduit (REMIC) to a residual 

interest holder.

C. When To File

Except as indicated below, file Forms 1097, 1098, 1099, 

3921, 3922, or W-2G on paper by February 28, 2025, or 

March 31, 2025, if e-filing. File Forms 5498, 5498-ESA, 

5498-QA, and 5498-SA by June 2, 2025. Form 1096 must 

accompany all paper submissions. See part E for paper 

and part F for e-file requirements.

The following are exceptions to the filing deadlines 

shown above.

• File and furnish a copy of Form 1099-NEC on paper or 

electronically by January 31, 2025.

• Form 1099-SB is generally due by February 28, 2025, 

or March 31, 2025, if e-filing, but see Regulations section 

1.6050Y-3(c) for a special exception.

You will meet the requirement to file timely if the form is 

properly addressed, postmarked, and mailed using the 

official mail of the United States, or a private delivery 

service (PDS) designated by the IRS on or before the due 

date. If the regular due date falls on a Saturday, Sunday, or 

legal holiday in the District of Columbia or where the return 

is to be filed, file by the next business day. A business day 

is any day that is not a Saturday, Sunday, or legal holiday 

in the District of Columbia or where the return is to be 

filed. See part M about providing Forms 1097, 1098, 1099, 

3921, 3922, 5498, and W-2G or statements to recipients. 

See section 11 of Pub. 15 for a list of legal holidays.

Private delivery services (PDSs). You can use certain 

PDSs designated by the IRS to meet the “timely mailing as 

timely filing” rule for information returns. Go to 

IRS.gov/PDS for the current list of designated PDSs.

The PDS can tell you how to get written proof of the 

mailing date.

For the IRS mailing address to use if you’re using a 

PDS, go to IRS.gov/PDSstreetAddresses and select the 

address that corresponds with the city of the address 

where you would otherwise mail your information returns 

under D. Where To File, later.

PDSs can't deliver items to P.O. boxes. You must 

use the U.S. Postal Service to mail any item to an 

IRS P.O. box address. Go to IRS.gov/

PDSstreetAddresses for the street addresses to be used 

by PDSs.

Reporting period. Forms 1097, 1098, 1099, 3921, 3922, 

and W-2G are used to report amounts received, paid, 

credited, donated, transferred, or canceled, in the case of 

Form 1099-C, during the calendar year. Forms 5498, 

5498-ESA, 5498-QA, and 5498-SA are used to report 

amounts contributed and the fair market value (FMV) of an 

account for the calendar year.

Extension of time to file. You can get an automatic 

30-day extension of time to file by completing Form 8809. 

The form may be submitted on paper, or through the FIRE 

System either as a fill-in form or an electronic file. A 

signature or explanation may be required for the 

extension. However, you must file Form 8809 by the due 

date of the returns in order to get the 30-day extension. 

Under certain hardship conditions, you may apply for an 

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.

For tax year 2024, requests for extensions of time 

to file Form 5498-QA may be filed on paper only.

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6 Gen. Instr. for Certain Info. Returns (2024)
How to apply. As soon as you know that a 30-day 

extension of time to file is needed, file Form 8809.

• Follow the instructions on Form 8809 and mail it to the 

address listed in the instructions on the form. See the 

instructions for Form 8809 for more information.

• You can submit the extension request online through 

the FIRE System. You are encouraged to submit requests 

using the online fillable form. See Part B in Pub. 1220 for 

more information on filing online or e-filing.

Extension for statements to recipients. For 

information on requesting an extension of time to furnish 

statements to recipients, see Extension of time to furnish 

statements to recipients under part M.

D. Where To File

Use the 3-line address for your state for mailing 

information returns.

Send all information returns filed on paper to the 

following.

If your principal business, 

office or agency, or legal 

residence in the case of an 

individual, is located in:

Use the following address:

Alabama, Arizona, Arkansas, 

Delaware, Florida, Georgia, 

Kentucky, Maine, 

Massachusetts, Mississippi, 

New Hampshire, New Jersey, 

New Mexico, New York, North 

Carolina, Ohio, Texas, Vermont, 

Virginia 

Internal Revenue Service

Austin Submission Processing 

Center

P.O. Box 149213

 Austin, TX 78714

Alaska, Colorado, Hawaii, 

Idaho, Illinois, Indiana, Iowa, 

Kansas, Michigan, Minnesota, 

Missouri, Montana, Nebraska, 

Nevada, North Dakota, 

Oklahoma, Oregon, South 

Carolina, South Dakota, 

Tennessee, Utah, Washington, 

Wisconsin, Wyoming

Department of the Treasury

IRS Submission Processing 

Center

P.O. Box 219256

Kansas City, MO 64121-9256

California, Connecticut, District 

of Columbia, Louisiana, 

Maryland, Pennsylvania, Rhode 

Island, West Virginia

Department of the Treasury 

IRS Submission Processing 

Center 

1973 North Rulon White Blvd.

Ogden, UT 84201

If your legal residence or principal place of business, or 

principal office or agency, is outside the United States, 

use the following address.

Internal Revenue Service

Austin Submission Processing Center

P.O. Box 149213

Austin, TX 78714

State and local tax departments. Contact the 

applicable state and local tax department as necessary 

for reporting requirements and where to file.

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E. Filing Returns With the IRS

The IRS strongly encourages the quality review of data 

before filing to prevent erroneous notices from being 

mailed to payees (or others for whom information is being 

reported).

Generally, you are not required to report payments 

smaller than the minimum described for a form; 

however, you may prefer, for economy and your 

own convenience, to file Copies A for all payments. The 

IRS encourages this.

If you must file any Form 1097, 1098, 1099, 3921, 

3922, 5498, or W-2G with the IRS and you are filing paper 

forms, you must send a Form 1096 with each type of form 

as the transmittal document. You must group the forms by 

form number and submit each group with a separate Form 

1096. For example, if you file Forms 1098, 1099-A, and 

1099-MISC, complete one Form 1096 to transmit Forms 

1098, another for Forms 1099-A, and a third for Forms 

1099-MISC. Specific instructions for completing Form 

1096 are included on the form. Also, see Transmitters, 

paying agents, etc., later. For information about filing 

corrected paper returns, see part H.

Because the IRS processes paper forms by 

machine (optical character recognition 

equipment), you cannot file Form 1096 or Copy A 

of Forms 1098, 1099, 3921, or 5498 that you print from the 

IRS website. But see Online fillable forms, later, for some 

forms that you can fill in and print from the IRS website. 

Additionally, you can still use Copy B of online forms to 

provide recipient statements, even if you can’t file the 

online forms with the IRS.

You can order information returns and instructions 

online at IRS.gov/OrderForms, or you can mail an order to 

the address in part T.

See Pub. 1179 for specifications for private printing of 

substitute information returns. You may not request 

special consideration. Only forms that conform to the 

official form and the specifications in Pub. 1179 are 

acceptable for filing with the IRS.

Online fillable forms. Due to the very low volume of 

paper Forms 1097-BTC, 1098-C, 1098-MA, 1098-Q, 

1099-CAP, 1099-LTC, 1099-Q, 1099-QA, 1099-SA, 3922, 

5498-ESA, 5498-QA, and 5498-SA received and 

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 

your usual procedures for e-filing if you are filing 10 or 

more information returns. If you are filing any of these 

forms on paper due to a low volume of recipients, for 

these forms only, you may file a black-and-white Copy A 

that you print from the IRS website with Form 1096. See 

part G for paper document reporting. You must not use 

these online fillable forms if you are required to e-file.

Transmitters, paying agents, etc. A transmitter, service 

bureau, paying agent, or disbursing agent (hereafter 

referred to as “agent”) may sign Form 1096 on behalf of 

any person required to file (hereafter referred to as 

“payer”) if the conditions in (1) and (2) below are met.

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Gen. Instr. for Certain Info. Returns (2024) 7
1. The agent has the authority to sign the form under 

an agency agreement (oral, written, or implied) that is 

valid under state law.

2. The agent signs the form and adds the caption “For: 

(Name of payer).”

Signing of the form by an authorized agent on behalf of 

the payer does not relieve the payer of the liability for 

penalties for not filing a correct, complete, and timely 

Form 1096 and accompanying returns.

Forms 1097, 1098, 1099, 3921, 3922, 5498, and 

W-2G, or acceptable substitute statements, to recipients 

issued by a service bureau or agent should show the 

same payer's name as shown on the information returns 

filed with the IRS.

For information about the election to report and deposit 

backup withholding under the agent's TIN and how to 

prepare forms if the election is made, see Rev. Proc. 

84-33, 1984-1 C.B. 502, and the Instructions for Form 945.

Keeping copies. Generally, keep copies of information 

returns you filed with the IRS, or have the ability to 

reconstruct the data, for at least 3 years (4 years for Form 

1099-C), from the due date of the returns. Keep copies of 

information returns for 4 years if backup withholding was 

imposed.

Shipping and mailing. Send the forms to the IRS in a 

flat mailer (not folded). If you are sending many forms, you 

may send them in conveniently sized packages. On each 

package, write your name, number the packages 

consecutively, and place Form 1096 in package number 1. 

Postal regulations require forms and packages to be sent 

by First-Class Mail.

F. Electronic Reporting

E-file is available, and may be required, for filing all 

information returns discussed in these instructions, other 

than Form 5498-QA (see Who must e-file, later). Different 

types of payments, such as interest, dividends, and rents, 

may be reported in the same submission.

You can e-file Forms 1097, 1098, 1099, 

3921, 3922, 5498, and W-2G, except 

Form 5498-QA, through the Filing 

Information Returns Electronically System (FIRE System); 

however, you must have software that can produce a file in 

the proper format according to Pub. 1220. Pub. 1220 

provides the procedures for reporting electronically and is 

updated annually. Pub. 1220 is available at IRS.gov. The 

FIRE System does not provide a fill-in form option for 

information return reporting. The FIRE System operates 

24 hours a day, 7 days a week. You may access the FIRE 

System online at FIRE.IRS.gov. Forms 1099 may also be 

e-filed using IRIS, described later, without special 

software.

Form 5498-QA can only be filed on paper.

Information Reporting Intake System (IRIS). The IRS 

has developed a free online portal that allows taxpayers to 

e-file Forms 1099 after December 31, 2022, for 2022 and 

later returns. Users should follow the specifications in Pub. 

CAUTION

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5717, IRIS Taxpayer Portal User Guide. Go to IRS.gov/

IRIS for additional information and updates.

Due dates. E-file Forms 1097, most Forms 1098, and 

most Forms 1099, 3921, 3922, or W-2G by March 31, 

2025. File Forms 5498, 5498-ESA, 5498-QA, or 5498-SA 

by June 2, 2025. See part M about furnishing Forms 1097, 

1098, 1099, 3921, 3922, 5498, and W-2G, or statements, 

to recipients.

File Form 1099-NEC by January 31, 2025.

How to request an extension of time to file. For 

information about requesting an extension of time to file, 

see Extension of time to file, earlier, under part C.

If you e-file, do not file the same returns on paper.

Who must e-file. If you are required to file 10 or more 

information returns during the year, you must e-file. The 

10-or-more requirement does not apply separately to 

each type of form. For example, if you must file four Forms 

1098 and six Forms 1099-A, you must e-file.

The e-file requirement does not apply if you apply for 

and receive a hardship waiver. See How to request a 

waiver from e-filing, later.

If you are required to e-file but fail to do so, and 

you do not have an approved waiver, you may be 

subject to a penalty.

The IRS encourages you to e-file.

Filing requirement does not apply separately to originals and corrections. The e-filing requirement does not 

apply separately to original returns and corrected returns. 

If your original information returns are required to be 

e-filed, any corrected information return must also be 

e-filed. For example, if you e-file five Forms 1098 and five 

Forms 1099-DIV and you are making four corrections, 

your corrections must also be e-filed.

How to report incorrect payer name and/or TIN. If a 

payer discovers an error in reporting the payer (not 

recipient) name and/or TIN, write a letter containing the 

following information.

1. Name and address of the payer.

2. Type of error (including the incorrect payer 

name/TIN that was reported).

3. Tax year.

4. Payer TIN.

5. Transmitter Control Code (TCC).

6. Type of return.

7. Number of payees.

8. Filing method (paper or electronic).

9. Was federal income tax withheld?

Send the letter to:

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8 Gen. Instr. for Certain Info. Returns (2024)
Internal Revenue Service

Information Returns Branch

230 Murall Drive, Mail Stop 4360

Kearneysville, WV 25430

If a payer realizes duplicate reporting or a large 

percentage of incorrect information has been filed, 

contact the information reporting customer service 

site at 866-455-7438 for further instructions.

How to get approval to e-file. You will need to apply for 

a Transmitter Control Code (TCC) to e-file information 

returns. You can e-file Forms 1099 using IRIS and/or 

FIRE. A separate TCC is required for each system, 

IRIS-TCC and/or FIRE-TCC. An IRIS TCC will not work for 

FIRE and vice versa. An EIN is required to apply for a 

TCC. As the TCC application process may take up to 45 

days to process, you should apply before the filing 

season. Once you receive your TCC, it can be used from 

year to year. See IRS.gov/InfoReturn for more information.

Form 4419 will no longer be accepted to update 

information for those that received their TCC 

before September 26, 2021. See IRS.gov/FIRE for 

more information.

How to request a waiver from e-filing. To receive a 

waiver from the required e-filing of information returns, 

submit Form 8508 at least 45 days before the due date of 

the returns for which you are requesting a waiver. You 

cannot apply for a waiver for more than 1 tax year at a 

time. If you need a waiver for more than 1 tax year, you 

must reapply at the appropriate time each year.

If a waiver for original returns is approved, any 

corrections for the same types of returns will be covered 

under the waiver. However, if you e-filed original returns 

but you want to submit your corrections on paper, a waiver 

must be approved for the corrections.

If you receive an approved waiver, do not send a copy 

of it to the IRS Submission Processing Center where you 

file your paper returns. Keep the waiver for your records 

only.

Penalty. If you are required to e-file but fail to do so, and 

you do not have an approved waiver, you may be subject 

to a penalty for failure to file electronically unless you 

establish reasonable cause. For most of the information 

returns discussed in these instructions, the maximum 

penalty is $330 per return. However, the penalty for a 

failure to file timely electronically applies only to the extent 

the number of returns exceeds 10. See part O.

The penalty does not apply separately to original 

returns and corrected returns. See Filing requirement 

does not apply separately to originals and corrections, 

earlier.

G. Paper Document Reporting

If you are required to file 10 or more information returns, 

see part F.

Follow these guidelines. 

1. Although handwritten forms are acceptable, they 

must be completely legible and accurate to avoid 

CAUTION

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CAUTION

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processing errors. Handwritten forms often result in 

name/TIN mismatches. Use block print, not script 

characters. If you have a small number of forms, consider 

contacting an IRS business partner who may be able to 

prepare them with little or no cost to you. See (5) below for 

details. Type entries using black ink in 12-point Courier 

font. Copy A is read by machine and must be typed clearly 

using no corrections in the data entry fields. Data must be 

printed in the middle of the blocks, well separated from 

other printing and guidelines. Entries completed by hand, 

or using script, italic, or proportional spaced fonts, or in 

colors other than black, cannot be read correctly by 

machine. Make all dollar entries without the dollar sign, 

but include the decimal point (for example, 00000.00). 

Show the cents portion of the money amounts. If a box 

does not apply, leave it blank.

2. Do not enter 0 (zero) or “None” in money amount 

boxes when no entry is required. Leave the boxes blank 

unless the instructions specifically require that you enter a 

0 (zero). For example, in some cases, you must enter 0 

(zero) to make corrections. See part H.

3. Do not enter number signs (#)—RT 2, not Rt. #2.

4. Send the entire page of Copy A of your 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.

5. To locate an IRS business partner who may be able 

to offer low-cost or even free filing of certain forms, enter 

“e-file for Business Partners” in the search box on 

IRS.gov.

Multiple filings. If, after you file Forms 1097, 1098, 

1099, 3921, 3922, 5498, or W-2G, you discover additional 

forms that are required to be filed, file these forms with a 

new Form 1096. Do not include copies or information from 

previously filed returns.

Required format. Because paper forms are scanned, all 

Forms 1096 and Copies A of Forms 1097, 1098, 1099, 

3921, 3922, and 5498 must be prepared in accordance 

with the following instructions. If these instructions are not 

followed, you may be subject to a penalty for each 

incorrectly filed document. See part O.

1. Do not cut or separate Copies A of the forms that 

are printed two or three to a sheet (except Form W-2G). 

Generally, Forms 1097, 1098, 1099, 3921, 3922, and 

5498 are printed two or three to an 81/2 x 11 inch sheet. 

Form 1096 is printed one to an 81/2 x 11 inch sheet. These 

forms must be submitted to the IRS on the 81/2 x 11 inch 

sheet. If at least one form on the page is correctly 

completed, you must submit the entire page. Forms W-2G 

may be separated and submitted as single forms. Send 

the forms to the IRS in a flat mailer (not folded).

2. Forms 1098, 1098-MA, 1099-A, 1099-C, 1099-CAP, 

1099-G, 1099-H, 1099-INT,1099-K, 1099-LTC, 

1099-PATR, 1099-QA, 1099-S, 1099-SA, 5498-ESA, 

5498-QA, and 5498-SA that you print from IRS.gov will 

print 1-to-a-page on 81/2 x 11 inch paper. Do not cut off the 

excess paper, unless you are using a pinfeed printer. If so, 

remove the pinfeed strip.

3. No photocopies of any forms are acceptable. See 

How To Get Forms, Publications, and Other Assistance, 

later.

Gen. Instr. for Certain Info. Returns (2024) 9
4. Do not staple, tear, or tape any of these forms. It will 

interfere with the IRS's ability to scan the documents.

5. Pinfeed holes on the form are not acceptable. 

Pinfeed strips outside the 81/2 x 11 inch area must be 

removed before submission, without tearing or ripping the 

form. Substitute forms prepared in continuous or strip form 

must be burst and stripped to conform to the size 

specified for a single sheet (81/2 x 11 inches) before they 

are filed with the IRS.

6. 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. If you are unsure of where to 

report the data, call the information reporting customer 

service site at 866-455-7438 (toll free).

7. Report information only in the appropriate boxes 

provided on the forms. Make only one entry in each box 

unless otherwise indicated in the form's specific 

instructions.

8. Do not submit any copy other than Copy A to the 

IRS.

9. 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.

10. Use the official forms or substitute forms that meet 

the specifications in Pub. 1179. If you submit substitute 

forms that do not meet the current specifications and that 

are not scannable, you may be subject to a penalty for 

each return for improper format. See part O.

11. Do not use dollar signs ($) (they are preprinted on 

the forms), ampersands (&), asterisks (*), commas (,), or 

other special characters in money amount boxes.

12. Do not use apostrophes (‘), asterisks (*), or other 

special characters on the payee name line.

Common errors. Be sure to check your returns to 

prevent the following common errors.

1. Duplicate filing. Do not send the same information 

to the IRS more than once. Also see Multiple filings, 

earlier.

2. Filer's name, address, and TIN are not the same on 

Form 1096 and the attached Forms 1097, 1098, 1099, 

3921, 3922, 5498, or W-2G.

3. Decimal point to show dollars and cents omitted. 

For example, 1230.00 is correct, not 1230.

4. Two or more types of returns submitted with one 

Form 1096 (for example, Forms 1099-INT and 1099-MISC 

with one Form 1096). You must submit a separate Form 

1096 with each type of return.

H. Corrected Returns on Paper Forms

To file corrections for e-filed forms, see part F and 

Pub. 1220.

If you filed a return with the IRS and later discover you 

made an error on it, you must:

CAUTION

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• Correct it as soon as possible and file Copy A and Form 

1096 with your IRS Submission Processing Center (see 

part D), and

• Furnish statements to recipients showing the correction.

When making a correction, complete all information 

(see Filing corrected returns on paper forms, later).

• Do not cut or separate forms that are two or three to a 

page. Submit the entire page even if only one of the forms 

on the page is completed.

• Do not staple the forms to Form 1096.

• Do not send corrected returns to the IRS if you are 

correcting state or local information only. Contact the state 

or local tax department for help with this type of 

correction.

To correct payer information, see Reporting incorrect 

payer name and/or TIN, earlier.

Form 1096. Use a separate Form 1096 for each type of 

return you are correcting. For the same type of return, you 

may use one Form 1096 for both originals and corrections. 

You do not need to correct a previously filed Form 1096.

CORRECTED checkbox. Enter an “X” in the 

“CORRECTED” checkbox only when correcting a form 

previously filed with the IRS or furnished to the recipient. 

Certain errors require two returns to make the correction. 

See Filing corrected returns on paper forms, later, to 

determine when to check the “CORRECTED” checkbox.

Account number. If the account number was provided 

on the original return, the same account number must be 

included on both the original and corrected returns to 

properly identify and process the correction. If the account 

number was not provided on the original return, do not 

include it on the corrected return. See part L.

Recipient's statement. You may enter a date next to the 

“CORRECTED” checkbox. This will help the recipient in 

the case of multiple corrections.

Filing corrected returns on paper forms. The Error 

Charts for Filing Corrected Returns on Paper Forms, later, 

give step-by-step instructions for filing corrected returns 

for the most frequently made errors. They are grouped 

under Error Type 1 or 2. Correction of errors may require 

the submission of more than one return. Be sure to read 

and follow the steps given.

If you fail to file correct information returns or 

furnish a correct payee statement, you may be 

subject to a penalty. See part O. Regulations 

section 301.6724-1 (relating to information return 

penalties) does not require you to file corrected returns for 

missing or incorrect TINs if you meet the 

reasonable-cause criteria. You are merely required to 

include the correct TIN on the next original return you are 

required to file.

However, even if you meet the reasonable-cause criteria, 

the IRS encourages you to file corrections for incorrect or 

missing TINs so that the IRS can update the payees' 

records.

CAUTION

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

checkbox

A. Form 1097, 1098, 1099, 3921, 3922, 5498, or W-2G

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 

not have been filed.

These errors require only one return to 

make the correction.

Caution: If you must correct a TIN or a 

payee name, follow the instructions under 

Error Type 2.

B. Form 1096

1. Prepare a new transmittal Form 1096.

2. Provide all requested information on the form as it applies to Part A, 1 and 2.

3. File Form 1096 and Copy A of the return with the appropriate IRS Submission 

Processing Center.

4. Do not include a copy of the original return that was filed incorrectly.

Error Type 2 Correction

No payee TIN (SSN, EIN, QI-EIN, or 

ITIN),

or

Incorrect payee TIN,

or

Incorrect payee name,

or

Step 1. Identify incorrect return 

submitted.

1. Prepare a new information return.

2. Enter an “X” in the “CORRECTED” box (and date 

(optional)) at the top of the form.

3. Enter the payer, recipient, and account number 

information exactly as it appeared on the original incorrect 

return; however, enter -0- (zero) for all money amounts.

Original return filed using wrong type 

of return (for example, a Form 1099-DIV 

was filed when a Form 1099-INT should 

have been filed).

Two separate returns are required to 

make the correction properly. Follow all 

instructions for both Steps 1 and 2.

Step 2. Report correct information. A. Form 1097, 1098, 1099, 3921, 3922, 5498, or W-2G

1. Prepare a new information return.

2. Do not enter an “X” in the “CORRECTED” box at 

the top of the form. Prepare the new return as though it is 

an original.

3. Include all the correct information on the form 

including the correct TIN and name. 

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)
J. Recipient Names and Taxpayer 

Identification Numbers (TINs)

Recipient names. Show the full name and address in the 

section provided on the information return. If payments 

have been made to more than one recipient or the 

account is in more than one name, show on the first name 

line the name of the recipient whose TIN is first shown on 

the return. You may show the names of any other 

individual recipients in the area below the first line, if 

desired. Form W-2G filers, see the Instructions for Forms 

W-2G and 5754.

Sole proprietors. You must show the individual's name 

on the first name line; on the second name line, you may 

enter the “doing business as (DBA)” name. You may not 

enter only the DBA name. For the TIN, enter either the 

individual's social security number (SSN) or the EIN of the 

business (sole proprietorship). The IRS prefers that you 

enter the SSN.

Limited liability company (LLC). For a 

single-member LLC (including a foreign LLC with a U.S. 

owner) that is disregarded as an entity separate from its 

owner under Regulations section 301.7701-3, enter the 

owner's name only on the first name line and the LLC's 

name on the second name line. For the TIN, enter the 

owner's SSN (or EIN, if applicable). If the LLC is taxed as 

a corporation, partnership, etc., enter the entity's EIN.

Bankruptcy estate. If an individual (the debtor) for 

whom you are required to file an information return is in 

chapter 11 bankruptcy, and the debtor notified you of the 

bankruptcy estate's EIN, report post-petition gross 

income, gross proceeds, or other reportable payments on 

the applicable information return using the estate's name 

and EIN. The debtor should notify you when the 

bankruptcy is closed, dismissed, or converted, so that any 

subsequent information returns will be filed with the 

correct name and EIN. Different rules apply if the 

bankruptcy is converted to chapter 7, 12, or 13 of the 

Bankruptcy Code. For additional guidance, see Notice 

2006-83, 2006-40 I.R.B. 596, available at IRS.gov/irb/

2006-40_IRB#NOT-2006-83.

TINs. TINs are used to associate and verify amounts you 

report to the IRS with corresponding amounts on tax 

returns. Therefore, it is important that you report correct 

names, SSNs, individual taxpayer identification numbers 

(ITINs), EINs, or adoption taxpayer identification numbers 

(ATINs) for recipients on the forms sent to the IRS.

Only one recipient TIN can be entered on the 

form.

Requesting a recipient's TIN. If the recipient is a U.S. 

person (including a U.S. resident alien), the IRS suggests 

that you request the recipient complete Form W-9, 

Request for Taxpayer Identification Number and 

Certification, or Form W-9S, Request for Student's or 

Borrower's Taxpayer Identification Number and 

Certification, as appropriate. Form W-9 is required to be 

completed by recipients of certain types of payments (as 

provided in Regulations section 31.3406(d)-1). See the 

Instructions for the Requester of Form W-9 for more 

information on how to request a TIN.

TIP

If the recipient is a foreign person, the IRS suggests 

that you request the recipient complete the appropriate 

Form W-8. See the Instructions for the Requester of 

Forms W-8BEN, W-8ECI, W-8EXP, and W-8IMY.

U.S. resident aliens who rely on a “saving clause” 

of a tax treaty are to complete Form W-9, not Form 

W-8BEN. See Pub. 515 and Pub. 519.

You may be subject to a penalty for an incorrect or 

missing TIN on an information return. See part O for more 

information. You are required to maintain the 

confidentiality of information obtained on a Form W-9/

W-9S relating to the taxpayer's identity (including SSNs, 

EINs, ITINs, and ATINs), and you may use such 

information only to comply with the tax laws.

If the recipient does not provide a TIN, leave the 

box for the recipient's TIN blank on the Form 

1097, 1098, 1099, 3921, 3922, 5498, or W-2G. 

Backup withholding may apply; see part N.

If the recipient does not provide a TIN, you may 

not make the election described in Regulations 

section 1.1471-4(d)(5)(i)(A) or (B) or report as 

described in Regulations section 1.1471-4(d)(2)(iii)(A).

The TIN for individual recipients of information returns 

is the SSN, ITIN, or ATIN. See Sole proprietors, earlier. 

For other recipients, including corporations, partnerships, 

and estates, the TIN is the EIN. Income reportable after 

the death of an individual must reflect the TIN of the 

payee, that is, of the estate or of the surviving joint owner. 

For more information, see Personal Representative in Pub. 

559. For LLCs, see Limited liability company (LLC), 

earlier.

SSNs, ITINs, and ATINs have nine digits separated by 

two hyphens (000-00-0000), and EINs have nine digits 

separated by only one hyphen (00-0000000).

Note. Make sure you include the hyphen(s) in the correct 

place(s) when completing the paper form(s).

Expired ITINs may continue to be used for 

information return purposes regardless of whether 

they have expired for individual income tax return 

filing purposes. Additionally, the third parties who file and 

furnish information returns with an expired payee ITIN will 

not be subject to information return penalties under 

section 6721 or 6722 solely because the ITIN is expired. 

See Notice 2016-48, 2016-33 I.R.B. 235, available at 

IRS.gov/irb/2016-33_IRB#NOT-2016-48.

Truncating payee’s TIN on payee statements. Filers 

of information returns are permitted to truncate a payee's 

TIN (SSN, ITIN, ATIN, or EIN) on most payee statements. 

The payee's TIN may not be truncated on Form W2-G. 

Where permitted, filers may truncate a payee's TIN on the 

payee statement (including substitute and composite 

substitute statements) furnished to the payee in paper 

form or electronically. Generally, the payee statement is 

that copy of an information return designated "Copy B" on 

the form. A "payee" is any person who is required to 

receive a copy of the information set forth on an 

information return by the filer of the return. For some 

forms, the term "payee" will refer to beneficiary, borrower, 

CAUTION

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Gen. Instr. for Certain Info. Returns (2024) 13
debtor, insured, participant, payer, policyholder, recipient, 

shareholder, student, or transferor. If a filer truncates a TIN 

on Copy B, other copies of the form furnished to the payee 

may also include a truncated number. A filer may not 

truncate a payee's TIN on any forms the filer files with the 

IRS. A filer's TIN may not be truncated on any form. To 

truncate where allowed, replace the first five digits of the 

nine-digit number with asterisks (*) or Xs (for example, an 

SSN xxx-xx-xxxx would appear on the paper payee 

statement as ***-**-xxxx or XXX-XX-xxxx). See T.D. 9675, 

2014-31 I.R.B. 242, available at IRS.gov/irb/

2014-31_IRB#TD-9675.

Electronic submission of Forms W-9. Requesters may 

establish a system for payees and payees' agents to 

submit Forms W-9 electronically, including by fax. A 

requester is anyone required to file an information return. 

A payee is anyone required to provide a TIN to the 

requester.

Payee's agent. A payee's agent can be an investment 

adviser (corporation, partnership, or individual) or an 

introducing broker. An investment adviser must be 

registered with the Securities and Exchange Commission 

(SEC) under the Investment Advisers Act of 1940. The 

introducing broker is a broker-dealer that is regulated by 

the SEC and the National Association of Securities 

Dealers, Inc., and that is not a payer. Except for a broker 

who acts as a payee's agent for “readily tradable 

instruments,” the adviser or broker must show in writing to 

the payer that the payee authorized the adviser or broker 

to transmit the Form W-9 to the payer.

Generally, the electronic system must do the following.

1. Ensure the information received is the information 

sent and document all occasions of user access that 

result in the submission.

2. Make reasonably certain the person accessing the 

system and submitting the form is the person identified on

Form W-9.

3. Provide the same information as the paper Form 

W-9.

4. Be able to supply a hard copy of the electronic Form 

W-9 if the IRS requests it.

5. Require as the final entry in the submission an 

electronic signature by the payee whose name is on Form 

W-9 that authenticates and verifies the submission. The 

electronic signature must be under penalties of perjury 

and the perjury statement must contain the language of 

the paper Form W-9.

For Forms W-9 that are not required to be signed, 

the electronic system need not provide for an 

electronic signature or a perjury statement.

Additional requirements may apply. See 

Announcement 98-27, available on page 30 of Internal 

Revenue Bulletin 1998-15 at IRS.gov/pub/irs-irbs/

irb98-15.pdf, and Announcement 2001-91, available on 

page 221 of Internal Revenue Bulletin 2001-36 at 

IRS.gov/pub/irs-irbs/irb01-36.pdf.

Electronic submission of Forms W-9S. See the 

Instructions for Forms 1098-E and 1098-T.

TIP

K. Filer's Name, Taxpayer 

Identification Number (TIN), and 

Address

The TIN for filers of information returns, including sole 

proprietors and nominees/middlemen, is the EIN. 

However, sole proprietors and nominees/middlemen who 

are not otherwise required to have an EIN should use their 

SSNs. A sole proprietor is not required to have an EIN 

unless he or she has a Keogh plan or must file excise or 

employment tax returns (including to report backup 

withholding). See Pub. 583.

If you are an FFI making the election described in 

Regulations section 1.1471-4(d)(5)(i)(A) or (B), 

you are required to use an EIN and cannot, for 

purposes of filing a Form 1099, use your GIIN.

The filer's name and TIN are required to match the 

name and TIN used on the filer's other tax returns 

(such as Form 945 to report backup withholding). 

The name of the filer's paying agent or service bureau 

must not be used in place of the name of the filer.

For a single-member LLC (including a foreign LLC with 

a U.S. owner) that is disregarded as an entity separate 

from its owner under Regulations section 301.7701-3, 

enter the owner's name only on the first name line and the 

LLC's name on the second name line. For the TIN, enter 

the owner's SSN (or EIN, if applicable). If the LLC is taxed 

as a corporation, partnership, etc., enter the entity's EIN.

If you don’t have an EIN, you may apply for one online 

by visiting the IRS website at IRS.gov/EIN. You may also 

apply for an EIN by faxing or mailing Form SS-4 to the 

IRS. See the Instructions for Form SS-4 for more 

information.

L. Account Number Box on Forms

Use the account number or policy number box on Forms 

1097, 1098, 1099, 3921, 3922, and 5498 for an account 

number designation. The account number is required if 

you have multiple accounts for a recipient for whom you 

are filing more than one information return of the same 

type. The account number is also required if you are an 

FFI making the election described in Regulations section 

1.1471-4(d)(5)(i)(A) or (B) or are a U.S. payer reporting as 

described in Regulations section 1.1471-4(d)(2)(iii)(A). 

Additionally, the IRS encourages you to include the 

recipient's account number on paper forms if your system 

of records uses the account number rather than the name 

or TIN for identification purposes. Also, the IRS will 

include the account number in future notices to you about 

backup withholding. See Pub. 1220 if you are e-filing.

The account number may be a checking account 

number, savings account number, brokerage account 

number, serial number, loan number, policy number, or 

any other number you assign to the payee that is unique 

and will distinguish the specific account. This number 

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 

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CAUTION

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14 Gen. Instr. for Certain Info. Returns (2024)
numbers ensures that corrected information returns will be 

processed accurately.

If you are using window envelopes to mail statements 

to recipients and using reduced rate mail, be sure the 

account number does not appear in the window. The U.S. 

Postal Service may not accept these for reduced rate mail.

M. Statements to Recipients 

(Beneficiaries, Borrowers, Debtors, 

Donors, Employees, Insureds, 

Participants, Payment or Credit 

Recipients, Payers, Policyholders, 

Sellers, Shareholders, Students, 

Transferors, or Winners on Certain 

Forms)

If you are required to file Forms 1097, 1098, 1099, 3921, 

3922, 5498, or W-2G, you must also furnish statements to 

recipients containing the information furnished to the IRS 

and, in some cases, additional information. Be sure that 

the statements you provide to recipients are clear and 

legible.

Substitute statements. If you are not using the official 

IRS form to furnish statements to recipients, see Pub. 

1179 for specific rules about providing “substitute” 

statements to recipients. Generally, a substitute is any 

statement other than Copy B of the official form. You may 

develop them yourself or buy them from a private printer. 

However, the substitutes must comply with the format and 

content requirements specified in Pub. 1179 that is 

available on IRS.gov.

Telephone number. You are required to include the 

telephone number of a person to contact on the following 

statements to recipients: W-2G, 1097-BTC, 1098, 1098-C, 

1098-E, 1098-F, 1098-MA, 1098-Q, 1098-T, 1099-A, 

1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G (excluding 

state and local income tax refunds), 1099-INT, 1099-K, 

1099-LS, 1099-LTC, 1099-MISC (excluding fishing boat 

proceeds), 1099-NEC, 1099-OID, 1099-PATR, 1099-Q, 

1099-QA, 1099-R, 1099-S, 1099-SA, and 1099-SB. You 

may include the telephone number in any conspicuous 

place on the statements. This number must provide direct 

access to an individual who can answer questions about 

the statement. Although not required, if you report on 

other Forms 1099 and 5498, or on Forms 3921 and 3922, 

you are encouraged to furnish telephone numbers.

Rules for furnishing statements. Different rules apply 

to furnishing statements to recipients depending on the 

type of payment (or other information) you are reporting 

and the form you are filing.

If you are reporting a payment that includes 

noncash property, show the FMV of the property 

at the time of payment.

Report the type of payment information as described 

next for (a) Dividend, interest, and royalty payments; (b) 

Real estate transactions; and (c) Other information.

TIP

Dividend, interest, and royalty payments. For 

payments of dividends under section 6042 (reported on 

Form 1099-DIV), patronage dividends under section 6044 

(reported on Form 1099-PATR), interest (including OID 

and tax-exempt interest) under section 6049 (reported on 

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 

acceptable substitute Form 1099 to a recipient either in 

person, by First-Class Mail to the recipient's last known 

address, or electronically (see Electronic recipient 

statements, later). Statements may be sent by intraoffice 

mail if you use intraoffice mail to send account information 

and other correspondence to the recipient.

Statement mailing requirements for Forms 

1099-DIV, 1099-INT, 1099-OID, and 1099-PATR, and 

forms reporting royalties only. The following statement 

mailing requirements apply only to Forms 1099-DIV 

(except for section 404(k) dividends), 1099-INT (except 

for interest reportable in the course of your trade or 

business under section 6041), 1099-OID, 1099-PATR, and 

timber royalties reported under section 6050N (on Form 

1099-MISC or 1099-S). The mailing must contain the 

official IRS Form 1099 or an acceptable substitute and 

may also contain the following enclosures: (a) Form W-2, 

applicable Form W-8, Form W-9, or other Forms W-2G, 

1097, 1098, 1099, 3921, 3922, and 5498 statements; (b) 

a check from the account being reported; (c) a letter 

explaining why no check is enclosed; (d) a statement of 

the person's account shown on Forms 1097, 1098, 1099, 

3921, 3922, or 5498; and (e) a letter explaining the tax 

consequences of the information shown on the recipient 

statement.

A statement of the person's account (year-end account 

summary) that you are permitted to enclose in a statement 

mailing may include information similar to the following: (a) 

the part of a mutual fund distribution that is interest on 

U.S. Treasury obligations, (b) accrued interest expense on 

the purchase of a debt obligation, and (c) the cost or other 

basis of securities and the gain/loss on the sale of 

securities.

No additional enclosures, such as advertising, 

promotional material, or a quarterly or annual report, are 

permitted. Even a sentence or two on the year-end 

statement describing new services offered by the payer is 

not permitted. Logos are permitted on the envelope and 

on any nontax enclosures. See section 1.3.2 of Pub. 1179.

A recipient statement may be perforated to a check or 

to a statement of the recipient's specific account. The 

check or account statement to which the recipient 

statement is perforated must contain, in bold and 

conspicuous type, the legend “Important Tax Return 

Document Attached.”

The legend “Important Tax Return Document Enclosed” 

must appear in a bold and conspicuous manner on the 

outside of the envelope and on each letter explaining why 

no check is enclosed, or on each check or account 

statement that is not perforated to the recipient statement. 

The legend is not required on any tax form, tax statement, 

or permitted letter of tax consequences included in a 

statement mailing. Further, you need not pluralize the 

Gen. Instr. for Certain Info. Returns (2024) 15
word “document” in the legend simply because more than 

one recipient statement is enclosed.

If you provide Forms 1097, 1098, 1099, 3921, 

3922, 5498, or W-2G recipient statements in a 

“separate mailing” that contains only these 

statements, Forms W-8 and W-9, and a letter explaining 

the tax consequences of the information shown on a 

recipient statement included in the envelope, you are not 

required to include the legend “Important Tax Return 

Document Enclosed” on the envelope.

Substitute forms. You may furnish to the recipient 

Copy B of the official IRS form, or you may use substitute 

Forms 1099-DIV, 1099-INT, 1099-OID, or 1099-PATR if 

they contain the same language as the official IRS forms 

and they comply with the rules in Pub. 1179 relating to 

substitute Forms 1099. Applicable box titles and numbers 

must be clearly identified, using the same wording and 

numbering as the official IRS form. For information on 

substitute Forms 1099-MISC and 1099-NEC, see Other 

information, later. For Form 1099-S, see Real estate 

transactions, later.

All substitute statements to recipients must 

contain the tax year, form number, and form name 

prominently displayed together in one area of the 

statement. For example, they could be shown in the upper 

right part of the statement.

If you are using substitutes, the IRS encourages you to 

use boxes so that the substitute has the appearance of a 

form. The substitute form must contain the same 

applicable instructions as on the front and back of Copy B 

(in the case of Form 1099-R, Copies B, C, and 2) of the 

official IRS form. See Pub. 1179 for additional 

requirements and certain “composite” statements that are 

permitted.

Real estate transactions. You must furnish a statement 

to the transferor containing the same information reported 

to the IRS on Form 1099-S. You may use Copy B of the 

official IRS Form 1099-S or a substitute form that complies 

with Pub. 1179 and Regulations section 1.6045-4(m). You 

may use a Settlement Statement (under the Real Estate 

Settlement Procedures Act (RESPA)) as the written 

statement if it is conformed by including on the statement 

the legend shown on Form 1099-S and by designating 

which information is reported to the IRS on Form 1099-S. 

You may furnish the statement to the transferor in person, 

by mail, or electronically. Furnish the statement at or after 

closing but by February 15 of the following year.

The statement mailing requirements explained earlier 

do not apply to statements to transferors for proceeds 

from real estate transactions reported on Form 1099-S. 

However, the statement mailing requirements do apply to 

statements to transferors for timber royalties reportable 

under section 6050N on Form 1099-S.

Other information. Statements to recipients for Forms 

1097-BTC, 1098, 1098-C, 1098-E, 1098-F, 1098-Q, 

1098-T, 1099-A, 1099-B, 1099-C, 1099-CAP, 1099-G, 

1099-K, 1099-LS, 1099-LTC, 1099-MISC, 1099-NEC, 

1099-Q, 1099-QA, 1099-R, 1099-SA, 1099-SB, 3921, 

3922, 5498, 5498-ESA, 5498-QA, 5498-SA, W-2G, 

1099-DIV (only for section 404(k) dividends reportable 

TIP TIP

under section 6047), 1099-INT (only for interest reportable 

in the course of your trade or business under section 

6041), or 1099-S (only for royalties) need not be, but can 

be, a copy of the official paper form filed with the IRS. If 

you do not use a copy of the paper form, the form number 

and title of your substitute must be the same as the official 

IRS form. All information required to be reported must be 

numbered and titled on your substitute in substantially the 

same manner as on the official IRS form. However, if you 

are reporting a payment as “Other income” in box 3 of 

Form 1099-MISC, you may substitute appropriate 

explanatory language for the box title. For example, for 

payments of accrued wages to a beneficiary of a 

deceased employee required to be reported on Form 

1099-MISC, you might change the title of box 3 to 

“Beneficiary payments” or something similar.

Appropriate instructions to the recipient, similar to 

those on the official IRS form, must be provided to aid in 

the proper reporting of the items on the recipient's income 

tax return. For payments reported on Form 1099-B, rather 

than furnish appropriate instructions with each Form 

1099-B statement, you may furnish to the recipient one set 

of instructions for all statements required to be furnished 

to a recipient in a calendar year.

Except for royalties reported on Form 1099-MISC or 

1099-S, the statement mailing requirements explained 

earlier do not apply to statements to recipients for 

information reported on the forms listed under Other 

information, earlier. You may combine the statements with 

other reports or financial or commercial notices, or expand 

them to include other information of interest to the 

recipient. Be sure that all copies of the forms are legible. 

See Pub. 1179 for certain “composite” statements that are 

permitted.

When to furnish forms or statements. Generally, you 

must furnish Forms 1098, 1099, 3921, 3922, and W-2G 

information by January 31, 2025. Forms 1099-B, 1099-S, 

and 1099-MISC (if you are reporting payments in only 

box 8 or 10) must be furnished by February 17, 2025. 

Also, this applies to statements furnished as part of a 

consolidated reporting statement. See T.D. 9504, 2010-47 

I.R.B. 670, available at IRS.gov/irb/

2010-47_IRB#TD-9504. However, you may issue them 

earlier in some situations, as provided by the regulations. 

For example, you may furnish Form 1099-INT to the 

recipient redeeming U.S. Savings Bonds at the time of 

redemption. Brokers and barter exchanges may furnish 

Form 1099-B anytime but not later than February 17, 

2025.

Form 1099-SB must generally be furnished by February 

17, 2025. However, if notice of a transfer to a foreign 

person is not received until after January 31, 2025, the 

due date is 30 days after the date notice is received. See 

Regulations section 1.6050Y-3(d)(2). Form 1099-LS must 

be furnished to reportable policy sale payment recipients 

by February 17, 2025. See Regulations section 

1.6050Y-2(d)(1)(ii). Form 1099-LS must be furnished to 

issuers by January 15, 2025, at the latest, but must be 

furnished by the later of 20 calendar days after the 

reportable policy sale or 5 calendar days after the end of 

the applicable state law rescission period if the later date 

16 Gen. Instr. for Certain Info. Returns (2024)
occurs before January 15, 2025. See Regulations section 

1.6050Y-2(d)(2)(ii).

Furnish Form 1097-BTC to the recipient for each month 

in which a tax credit amount is allowable to the recipient 

on or before the 15th day of the 2nd calendar month after 

the close of the calendar month in which the credit is 

allowed. For more information, see the Instructions for 

Form 1097-BTC.

Donee organizations required to issue Form 1098-C 

must furnish the acknowledgment to a donor within 30 

days of the sale of the vehicle (if it is sold without material 

improvements or significant intervening use) or within 30 

days of the contribution.

Trustees or issuers of IRAs must furnish Form 5498 to 

participants with a statement of the value of the 

participant's account, and required minimum distribution 

(RMD) and information on hard to value assets, if 

applicable, by January 31, 2025.

Trustees of a SIMPLE IRA must furnish a statement of 

the account activity by January 31, 2025. Contribution 

information for all other types of IRAs must be furnished to 

the participant by June 2, 2025.

Trustees and middlemen of a WHFIT must furnish the 

required statement by March 17, 2025.

For real estate transactions, you may furnish Form 

1099-S to the transferor at closing or by mail on or before 

February 17, 2025.

Filers of Forms 5498 or 5498-SA who furnish a 

statement of FMV of the account (and any other required 

information) to the participant by January 31, 2025, with 

no reportable contributions, including rollovers, made in 

2024, need not furnish another statement by June 2, 

2025, to the participant to report zero contributions. If 

another statement is not furnished to the participant, the 

statement of the FMV of the account must contain a 

legend designating which information is being filed with 

the IRS.

Form 5498-ESA must be furnished to the beneficiary by 

April 30, 2025.

Form 5498-QA must be furnished to the beneficiary by 

March 17, 2025.

See the Guide to Information Returns, later, for the date 

other information returns are due to the recipient.

If the statement is properly addressed and mailed, or, 

with respect to electronic recipient statements, posted to a 

website, on or before the due date, it will be deemed 

timely furnished. If the regular due date falls on a 

Saturday, Sunday, or legal holiday in the District of 

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 

Saturday, Sunday, or legal holiday in the District of 

Columbia or where the return is to be filed. See section 11 

of Pub. 15 for a list of legal holidays.

Electronic recipient statements. If you are required to 

furnish a written statement (Copy B or an acceptable 

substitute) to a recipient, then you may generally furnish 

the statement electronically instead of on paper, but only if 

you meet the requirements discussed later in this section. 

This includes furnishing the statement to recipients of 

Forms 1097-BTC, 1098, 1098-E, 1098-F, 1098-Q, 1098-T, 

1099-A, 1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G, 

1099-H, 1099-INT, 1099-K, 1099-LS, 1099-LTC, 

1099-MISC, 1099-NEC, 1099-OID, 1099-PATR, 1099-Q, 

1099-QA, 1099-R, 1099-S, 1099-SA, 1099-SB, 3921, 

3922, 5498, 5498-ESA, 5498-QA, and 5498-SA. It also 

includes Form W-2G (except for horse and dog racing, jai 

alai, sweepstakes, wagering pools, and lotteries).

Until further guidance is issued to the contrary, 

Form 1098-C may not be furnished electronically.

If you meet the requirements that follow, you are treated 

as furnishing the statement.

Consent. The recipient must consent in the affirmative 

and not have withdrawn the consent before the statement 

is furnished. The consent by the recipient must be made 

electronically in a way that shows that she or he can 

access the statement in the electronic format in which it 

will be furnished.

You must notify the recipient of any hardware or 

software changes prior to furnishing the statement. A new 

consent to receive the statement electronically is required 

after the new hardware or software is put into service.

Prior to furnishing the statements electronically, you 

must provide the recipient a statement with the following 

statements prominently displayed.

• If the recipient does not consent to receive the 

statement electronically, a paper copy will be provided.

• The scope and duration of the consent. For example, 

whether the consent applies to every year the statement is 

furnished or only for the statement for a particular year, as 

applicable, immediately following the date of the consent.

• How to obtain a paper copy after giving consent.

• How to withdraw the consent. The consent may be 

withdrawn at any time by furnishing the withdrawal in 

writing (electronically or on paper) to the person whose 

name appears on the statement. Also, confirmation of the 

withdrawal will be in writing (electronically or on paper).

• Notice of termination. The notice must state under what 

conditions the statements will no longer be furnished to 

the recipient.

• Procedures to update the recipient's information.

• A description of the hardware and software required to 

access, print, and retain a statement, and a date the 

statement will no longer be available on the website.

Format, posting, and notification. Additionally, you 

must do the following.

• Ensure the electronic format contains all the required 

information and complies with the applicable revenue 

procedure for substitute statements to recipients in Pub. 

1179.

• Post, on or before the due date, the applicable 

statement on a website accessible to the recipient through 

October 15 of that year.

• Inform the recipient, electronically or by mail, of the 

posting and how to access and print the statement.

For information regarding the electronic furnishing of 

Forms W-2, which the IRS generally applies to the forms 

addressed by these instructions, see Regulations section 

31.6051-1.

For additional specific instructions on the electronic 

furnishing of:

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Gen. Instr. for Certain Info. Returns (2024) 17
• Forms 1098-E and 1098-T, see Regulations section 

1.6050S-2;

• Forms 1099-R, 1099-SA, 1099-Q, 5498, 5498-ESA, 

and 5498-SA, see Notice 2004-10, 2004-6 I.R.B. 433, 

available at IRS.gov/irb/2004-06_IRB#NOT-2004-10;

• Forms 3921 and 3922, see the form instructions;

• Form 1099-K, see Regulations section 1.6050W-2(a)(2)

(i); and

• Forms 1099-QA and 5498-QA, see Regulations section 

1.529A-7, available at IRS.gov/irb/

2020-50_IRB#TD-9923.

Extension of time to furnish statements to recipients. 

Do not submit an extension request by mail.

You may request an extension of time to furnish the 

statements to recipients by faxing a letter to:

Internal Revenue Service Technical Services 

Operation

Attn: Extension of Time Coordinator

Fax: 877-477-0572 (International Fax: 304-579-4105)

The letter must include (a) payer name, (b) payer TIN, 

(c) payer address, (d) type of return (Form 1042-S, Form 

W-2, specific 1099 family form), (e) a statement that your 

extension request is for providing statements to recipients, 

(f) reason for delay, and (g) the signature of the payer or 

authorized agent.

Your request must be received no later than the date on 

which the statements are due to the recipients. If your 

request for an extension is approved, generally you will be 

granted a maximum of 30 extra days to furnish the 

recipient statements.

N. Backup Withholding

Interest (including tax-exempt interest and exempt-interest 

dividends), dividends, rents, royalties, commissions, 

nonemployee compensation, and certain other payments 

(including broker and barter exchange transactions, 

compensation paid to an H-2A visa holder who did not 

furnish a TIN, reportable gross proceeds paid to attorneys, 

gambling winnings, payment card and third party network 

transactions, and certain payments made by fishing boat 

operators) may be subject to backup withholding at a 24% 

rate. To be subject to backup withholding, a payment must 

be a reportable interest (including tax-exempt interest and 

exempt-interest dividends) or dividend payment under 

section 6049(a), 6042(a), or 6044 (if the patronage 

dividend is paid in money or qualified check), or an “other” 

reportable payment under section 6041, 6041A(a), 6045, 

6050A, 6050N, or 6050W. If the payment is one of these 

reportable payments, backup withholding will apply if:

1. The payee fails to furnish his or her TIN to you;

2. For interest, dividend, and broker and barter 

exchange accounts opened or instruments acquired after 

1983, the payee fails to certify, under penalties of perjury, 

that the TIN provided is correct;

3. The IRS notifies you to impose backup withholding 

because the payee furnished an incorrect TIN;

4. For interest and dividend accounts or instruments, 

you are notified that the payee is subject to backup 

withholding (under section 3406(a)(1)(C)); or

5. For interest and dividend accounts opened or 

instruments acquired after 1983, the payee fails to certify 

to you, under penalties of perjury, that he or she is not 

subject to backup withholding—see 4. Payee failure to 

certify that he or she is not subject to backup withholding 

under When to apply backup withholding, later; or

6. The payment is also a withholdable payment under 

chapter 4 (sections 1471–1474) that is made to a 

recalcitrant account holder that is a U.S. nonexempt 

recipient, and you are a PFFI (including a Reporting Model 

2 FFI) that elects to withhold under section 3406 to satisfy 

your withholding obligation under Regulations section 

1.1471-4(b)(1). See Regulations section 1.1471-4(b)(3)

(iii).

If you do not collect and pay over backup 

withholding from affected payees as required, you 

may become liable for any uncollected amount.

Some payees are exempt from backup withholding. For 

a list of exempt payees and other information, see Form 

W-9 and the separate Instructions for the Requester of 

Form W-9.

Examples of payments to which backup withholding 

does not apply include but are not limited to the following.

• Wages.

• Distributions from a pension, an annuity, a profit-sharing 

or stock bonus plan, any IRA, an owner-employee plan, or 

other deferred compensation plan.

• Distributions from a medical or health savings account 

(HSA) and long-term care benefits.

• Certain surrenders of life insurance contracts.

• Distributions from qualified tuition programs (QTPs) or 

Coverdell education savings accounts (ESAs).

• Gambling winnings if regular gambling winnings 

withholding is required under section 3402(q). However, if 

regular gambling winnings withholding is not required 

under section 3402(q), backup withholding applies if the 

payee fails to furnish a TIN.

• Real estate transactions reportable under section 

6045(e).

• Canceled debts reportable under section 6050P.

• Fish purchases for cash reportable under section 

6050R.

• Reportable payments that are withholdable payments 

made to a recalcitrant account holder that is a U.S. 

nonexempt recipient from which you have withheld under 

chapter 4. See Regulations section 1.1474-6(f).

When to apply backup withholding. Generally, the 

period for which the 24% should be withheld is as follows.

1. Failure to furnish TIN in the manner required. 

Withhold on payments made until the TIN is furnished in 

the manner required. Special backup withholding rules 

may apply if the payee has applied for a TIN. The payee 

may certify to this on Form W-9 by noting “Applied For” in 

the TIN block and by signing the form. This form then 

becomes an “awaiting-TIN” certificate, and the payee has 

60 days to obtain a TIN and furnish it to you. If you do not 

receive a TIN from the payee within 60 days and you have 

not already begun backup withholding, begin backup 

withholding and continue until the TIN is provided.

CAUTION

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18 Gen. Instr. for Certain Info. Returns (2024)
The 60-day exemption from backup withholding 

applies only to interest and dividend payments 

and certain payments made with respect to readily 

tradable instruments. Therefore, any other payment, such 

as nonemployee compensation, is subject to backup 

withholding even if the payee has applied for and is 

awaiting a TIN. For information about whether backup 

withholding applies during the 60-day period, see 

Regulations section 31.3406(g)-3.

2. Notice from the IRS that payee's TIN is incorrect. 

You may choose to withhold on any reportable payment 

made to the account(s) subject to backup withholding 

after receipt of an incorrect TIN notice from the IRS, but 

you must withhold on any reportable payment made to the 

account more than 30 business days after you received 

the notice. Stop withholding within 30 days after you 

receive a certified Form W-9 (or other form that requires 

the payee to certify the payee’s TIN).

The IRS will furnish a notice to you that informs 

you that you have filed an information return 

reporting on an incorrect name/TIN combination. 

You are then required to promptly furnish a “B” notice, or 

an acceptable substitute, to the payee. For further 

information, see Regulations section 31.3406(d)-5 and 

Pub. 1281, Backup Withholding for Missing and Incorrect 

Name/TIN(s).

If you receive two incorrect TIN notices within 3 years for 

the same account, follow the procedures in Regulations 

section 31.3406(d)-5(g) and Pub. 1281.

3. Notice from the IRS that payee is subject to 

backup withholding due to notified payee 

underreporting. You may choose to withhold on any 

reportable payment made to the account(s) subject to 

backup withholding after receipt of the notice, but you 

must withhold on any reportable payment made to the 

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 

certification from the IRS stating when the withholding 

should stop. In most cases, the stop date will be January 1 

of the year following the year of the stop notice.

You must notify the payee when withholding under 

this procedure starts. For further information, see 

Regulations section 31.3406(c)-1(d).

4. Payee failure to certify that he or she is not 

subject to backup withholding. Withhold on reportable 

interest and dividends until the certification has been 

received.

For exceptions to these general timing rules, see 

section 3406(e).

For special rules on backup withholding on 

gambling winnings, see the separate Instructions 

for Forms W-2G and 5754.

Reporting backup withholding. Report backup 

withholding on Form 945, Annual Return of Withheld 

Federal Income Tax. Also, report backup withholding and 

the amount of the payment on Forms W-2G, 1099-B, 

1099-DIV, 1099-G, 1099-INT, 1099-K, 1099-MISC, 

1099-NEC, 1099-OID, or 1099-PATR even if the amount of 

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the payment is less than the amount for which an 

information return is normally required.

The EIN of the filer of the forms listed above must 

be the EIN of the filer of Form 945.

Form 945. Report backup withholding, voluntary 

withholding on certain government payments, and 

withholding from gambling winnings, pensions, annuities, 

IRAs, military retirement, and Indian gaming profits on 

Form 945. Generally, file Form 945 for 2024 by January 

31, 2025. For more information, including the deposit 

requirements for Form 945, see the separate Instructions 

for Form 945, and Pub. 15.

Do not report on Form 945 any income tax withholding 

reported on the following forms.

• Form W-2, including withholding on distributions to plan 

participants from nonqualified plans that must be reported 

on Form 941, and may be reported on Form 943, Form 

944, or Schedule H (Form 1040).

• Form 1042-S withholding must be reported on Form 

1042.

Pub. 515 has more information on Form 1042 

reporting, partnership withholding on effectively 

connected income, and dispositions of U.S. real 

property interests by a foreign person.

Additional information. For more information about 

backup withholding, see Pub. 1281.

O. Penalties

The following penalties generally apply to the person 

required to file information returns. The penalties apply to 

paper filers as well as to electronic filers.

For information on the penalty for failure to e-file, 

see Penalty, earlier, in part F.

Failure To File Correct Information Returns by 

the Due Date (Section 6721)

If you fail to file a correct information return by the due 

date and you cannot show reasonable cause, you may be 

subject to a penalty. The penalty applies:

• If you fail to file timely,

• If you fail to include all information required to be shown 

on a return, or

• If you include incorrect information on a return.

The penalty also applies:

• If you file on paper when you were required to e-file,

• If you report an incorrect TIN,

• If you fail to report a TIN, or

• If you fail to file paper forms that are machine readable 

and applicable revenue procedures provide for a 

machine-readable paper form.

The amount of the penalty is based on when you file 

the correct information return. The penalty is as follows.

• $60 per information return if you correctly file within 30 

days (by March 30 if the due date is February 28); 

maximum penalty $664,500 per year ($232,500 for small 

businesses, defined below).

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Gen. Instr. for Certain Info. Returns (2024) 19
• $130 per information return if you correctly file more 

than 30 days after the due date but by August 1; maximum 

penalty $1,993,500 per year ($664,500 for small 

businesses).

• $330 per information return if you file after August 1 or 

you do not file required information returns; maximum 

penalty $3,987,000 per year ($1,329,000 for small 

businesses).

If you do not file corrections and you do not meet 

any of the exceptions to the penalty described 

later, the penalty is $330 per information return.

Small businesses—lower maximum penalties. You 

are a small business if your average annual gross receipts 

for the 3 most recent tax years (or for the period you were 

in existence, if shorter) ending before the calendar year in 

which the information returns were due are $5 million or 

less.

Exceptions to the penalty. The following are exceptions 

to the failure-to-file penalty.

1. The penalty will not apply to any failure that you can 

show was due to reasonable cause and not to willful 

neglect. In general, you must be able to show that your 

failure was due to an event beyond your control or due to 

significant mitigating factors. You must also be able to 

show that you acted in a responsible manner and took 

steps to avoid the failure.

2. An inconsequential error or omission is not 

considered a failure to include correct information. An 

inconsequential error or omission does not prevent or 

hinder the IRS from processing the return, from correlating 

the information required to be shown on the return with the 

information shown on the payee's tax return, or from 

otherwise putting the return to its intended use. Errors and 

omissions that are never inconsequential are those related 

to (a) a TIN, (b) a payee's surname, and (c) any money 

amount except as provided, later, with respect to the safe 

harbor for de minimis dollar amount errors.

3. De minimis rule for corrections. Even though you 

cannot show reasonable cause, the penalty for failure to 

file correct information returns will not apply to a certain 

number of returns if you:

a. Filed those information returns timely,

b. Either failed to include all the information required 

on a return or included incorrect information, and

c. Filed corrections by August 1.

If you meet all the conditions in (a), (b), and (c) above, 

the penalty for filing incorrect returns will not apply to the 

greater of 10 information returns or 1/2 of 1% (0.005) of the 

total number of information returns you are required to file 

for the calendar year.

4. Safe harbor for de minimis dollar amount errors. 

See Safe Harbor for De Minimis Dollar Amount Errors on 

Information Returns and Payee Statements Under 

Sections 6721 and 6722, later.

Intentional disregard of filing requirements. If any 

failure to file a correct information return is due to 

intentional disregard of the filing or correct information 

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requirements, the penalty is at least $660 per information 

return with no maximum penalty.

Failure To Furnish Correct Payee Statements 

(Section 6722)

If you fail to provide correct payee statements and you 

cannot show reasonable cause, you may be subject to a 

penalty. The penalty applies if you fail to provide the 

statement by the due date (January 31 for most returns; 

see the Guide to Information Returns, later), you fail to 

include all information required to be shown on the 

statement, or you include incorrect information on the 

statement. “Payee statement” has the same meaning as 

“statement to recipient” as used in part M.

The amount of the penalty is based on when you 

furnish the correct payee statement. It is a separate 

penalty, and is applied in the same manner as the penalty 

for failure to file correct information returns by the due date 

(section 6721), described earlier.

Exception. An inconsequential error or omission is not 

considered a failure to include correct information. An 

inconsequential error or omission cannot reasonably be 

expected to prevent or hinder the payee from timely 

receiving correct information and reporting it on his or her 

income tax return or from otherwise putting the statement 

to its intended use. Errors and omissions that are never 

inconsequential are those relating to (a) a dollar amount, 

except as provided, later, with respect to the safe harbor 

for de minimis dollar amount errors; (b) a significant item 

in a payee's address; (c) the appropriate form for the 

information provided (that is, whether the form is an 

acceptable substitute for the official IRS form); and (d) 

whether the statement was furnished in person or by 

“statement mailing,” when required.

Intentional disregard of payee statement requirements. If any failure to provide a correct payee statement 

is due to intentional disregard of the requirements to 

furnish a correct payee statement, the penalty is at least 

$660 per payee statement with no maximum penalty.

No penalty will be imposed on an educational 

institution that fails to provide the TIN of a student 

on Form 1098-T if the institution certifies under 

penalty of perjury that it complied with the rules for 

obtaining the student’s TIN. See the current Instructions 

for Forms 1098-E and 1098-T for additional information.

Safe Harbor for De Minimis Dollar Amount 

Errors on Information Returns and Payee 

Statements Under Sections 6721 and 6722

If one or more dollar amounts are incorrect on an 

information return filed with the IRS or on a payee 

statement furnished to a recipient, no correction of the 

dollar amount shall be required, and the return shall be 

treated as having been filed or the payee statement 

furnished as correct if:

• The difference between the dollar amount reported on 

the filed return or furnished payee statement and the 

correct amount is no more than $100, and

• 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.

CAUTION

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20 Gen. Instr. for Certain Info. Returns (2024)
This safe harbor provision shall not apply if a recipient 

to whom a statement is required to be furnished elects to 

receive a corrected statement. In that case, a corrected 

return must be filed with the IRS and a corrected payee 

statement furnished to the recipient.

For more information on safe harbor for de minimis 

dollar amount errors on information returns and payee 

statements, see sections 6721(c)(3) and 6722(c)(3), as 

modified by T.D. 9984.

Forms 1099-B (QOF Reporting Only), 1099-Q, 

1099-QA, 1099-SA, 5498, 5498-ESA, 5498-QA, 

and 5498-SA (Section 6693)

The penalties under sections 6721 and 6722 do not apply 

to:

Forms Filed Under Code Section

Forms 1099-B (QOF reporting 

only)

 1400Z-2

1099-SA and 5498-SA 220(h) and 223(h)

5498 408(i) and 408(l)

1099-Q 529(d) and 530(h) 

1099-QA and 5498-QA 529A 

5498-ESA 530(h)

The penalty for failure to timely file Forms 1099-SA, 

5498-SA, 5498, 1099-Q, 1099-QA, 5498-QA, or 

5498-ESA is $50 per return with no maximum, unless the 

failure is due to reasonable cause. See section 6693.

Fraudulent Acknowledgments With Respect to 

Donations of Motor Vehicles, Boats, and 

Airplanes (Section 6720)

If you are required under section 170(f)(12)(A) to furnish a 

contemporaneous written acknowledgment to a donor 

and you knowingly furnish a false or fraudulent Form 

1098-C, or knowingly fail to furnish a Form 1098-C within 

the applicable 30-day period, you may be subject to a 

penalty. See the current Instructions for Form 1098-C for 

more detailed information.

Civil Damages for Fraudulent Filing of 

Information Returns (Section 7434)

If you willfully file a fraudulent information return for 

payments you claim you made to another person, that 

person may be able to sue you for damages. You may 

have to pay $5,000 or more.

P. Payments to Corporations and 

Partnerships

Generally, payments to corporations are not reportable. 

See, for example, Regulations section 1.6049-4(c)(1)(ii). 

However, you must report payments to corporations for 

the following.

• Medical and health care payments (Form 1099-MISC).

• Withheld federal income tax or foreign tax.

• Barter exchange transactions (Form 1099-B).

• Broker and barter transactions for an S corporation 

(Form 1099-B).

• Substitute payments in lieu of dividends and tax-exempt 

interest (Form 1099-MISC).

• Acquisitions or abandonments of secured property 

(Form 1099-A).

• Cancellation of debt (Form 1099-C).

• Payments of attorneys' fees and gross proceeds paid to 

attorneys (Form 1099-NEC, Form 1099-MISC).

• Fish purchases for cash (Form 1099-MISC).

• Credits and interest for qualified tax credit bonds 

reported on Forms 1097-BTC and 1099-INT.

• Payment card and third party network transactions 

(Form 1099-K).

• Federal executive agency payments for services (Form 

1099-MISC). For additional reporting requirements, see 

Rev. Rul. 2003-66 on page 1115 of Internal Revenue 

Bulletin 2003-26 at IRS.gov/pub/irs-irbs/irb03-26.pdf.

• Payments made in a reportable policy sale (Form 

1099-LS). In addition, the following information returns are 

furnished to corporations, although the information returns 

do not report payments: Form 1099-SB, Seller’s 

Investment in Life Insurance Contract; and Form 1098-F, 

Fines, Penalties, and Other Amounts.

Reporting is generally required for all payments to 

partnerships. For example, payments of $600 or more 

made in the course of your trade or business to an 

architectural firm that is a partnership are reportable on 

Form 1099-MISC.

Q. Earnings on Any IRA, Coverdell 

ESA, ABLE Account, Archer MSA, or 

HSA

Generally, income earned in any IRA, Coverdell ESA, 

ABLE account, Archer MSA, or HSA, such as interest or 

dividends, is not reported on Forms 1099. However, 

distributions from such arrangements or accounts must be 

reported on Form 1099-R, 1099-Q, 1099-QA, or 1099-SA.

R. Certain Grantor Trusts

Certain grantor trusts (other than WHFITs) may choose to 

file Forms 1099 rather than a separate statement attached 

to Form 1041, U.S. Income Tax Return for Estates and 

Trusts. If you have filed Form 1041 for a grantor trust in the 

past and you want to choose the Form 1099 filing method 

for 2024, you must have filed a final Form 1041 for 2023. 

To change reporting method, see Regulations section 

1.671-4(g) and the Instructions for Form 1041 and 

Schedules A, B, G, J, and K-1.

For more information on WHFITs, see Widely held fixed 

investment trusts (WHFITs), earlier.

S. Special Rules for Reporting 

Payments Made Through Foreign 

Intermediaries and Foreign 

Flow-Through Entities on Form 1099

If you are the payer and have received a Form W-8IMY 

from a foreign intermediary or flow-through entity, follow 

the instructions for completing Form 1099, later.

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

Foreign intermediary (FI). An FI is any person who is 

not a U.S. person and acts as a custodian, broker, 

nominee, or otherwise as an agent for another person, 

regardless of whether that other person is the beneficial 

owner of the amount paid, a flow-through entity, or another 

intermediary. The intermediary can be a qualified 

intermediary or a nonqualified intermediary.

Qualified intermediary (QI). A QI is a person that is a 

party to a withholding agreement with the IRS (described 

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 

participating FFI (including a Reporting Model 2 FFI), an 

RDC FFI (including an FFI treated as a deemed-compliant 

FFI under an applicable IGA subject to due diligence and 

reporting requirements similar to those applicable to an 

RDC FFI under Regulations section 1.1471-5(f)(1), 

including the requirement to register with the IRS), or any 

other category of FFI identified in the QI agreement;

• A foreign person that has a home office or has a branch 

that is an eligible entity (as described in Regulations 

section 1.1441-1(e)(6)(ii), without regard to the 

requirement that the person be a QI);

• A foreign branch or office of a U.S. financial institution 

or a foreign branch or office of a U.S. clearing 

organization; or

• A foreign entity not described above that the IRS 

accepts as a QI.

For details on QI agreements, see Rev. Proc. 2017-15, 

2017-03 I.R.B. 437, available at IRS.gov/irb/

2017-03_IRB#RP-2017-15.

Nonqualified intermediary (NQI). An NQI is any 

intermediary that is not a U.S. person and that is not a QI.

Foreign flow-through entity (FTE). An FTE is a foreign 

partnership (other than a withholding foreign partnership), 

a foreign simple trust or foreign grantor trust (other than a 

withholding foreign trust), or, for payments for which a 

reduced rate of withholding is claimed under an income 

tax treaty, any entity to the extent the entity is considered 

to be fiscally transparent under section 894 with respect to 

the payment by an interest holder's jurisdiction.

Withholding foreign partnership or withholding 

foreign trust. A withholding foreign partnership or 

withholding foreign trust is a foreign partnership or a 

foreign simple or grantor trust that has entered into a 

withholding agreement with the IRS in which it agrees to 

assume primary withholding responsibility for all payments 

that are made to it for its partners, beneficiaries, or 

owners. See Rev. Proc. 2017-21, 2017-6 I.R.B. 791, 

available at IRS.gov/irb/2017-06_IRB#RP-2017-21, for 

procedures for entering into a withholding foreign 

partnership or trust agreement.

Nonwithholding foreign partnership, simple trust, 

or grantor trust. A nonwithholding foreign partnership is 

any foreign partnership other than a withholding foreign 

partnership. A nonwithholding foreign simple trust is any 

foreign simple trust that is not a withholding foreign trust. A 

nonwithholding foreign grantor trust is any foreign grantor 

trust that is not a withholding foreign trust.

Fiscally transparent entity. An entity is treated as 

fiscally transparent with respect to an item of income to 

the extent that the interest holders in the entity must, on a 

current basis, take into account separately their shares of 

an item of income paid to the entity, whether or not 

distributed, and must determine the character of the items 

of income as if they were realized directly from the 

sources from which they were realized by the entity. For 

example, partnerships, common trust funds, and simple 

trusts or grantor trusts are generally considered to be 

fiscally transparent with respect to items of income 

received by them.

Presumption Rules

For additional information including details on the 

presumption rules, see the Instructions for the 

Requester of Forms W-8BEN, W-8BEN-E, 

W-8ECI, W-8EXP, and W-8IMY; and Pub. 515. To order, 

see How To Get Forms, Publications, and Other 

Assistance under part T.

If you are the payer and do not have a Form W-9, 

appropriate Form W-8, or other valid documentation, or 

you cannot allocate a payment to a specific payee, prior to 

payment, you are required to use certain presumption 

rules to determine the following.

• The status of the payee as a U.S. or foreign person.

• The classification of the payee as an individual, trust, 

estate, corporation, or partnership.

See Regulations sections 1.1441-1(b)(3), 1.1441-5(d) 

and (e), 1.6045-1(g)(3)(ii), and 1.6049-5(d).

Under these presumption rules, if you must presume 

that the payee is a U.S. nonexempt recipient subject to 

backup withholding, you must report the payment on a 

Form 1099. However, if before filing Form 1099 with the 

IRS the recipient is documented as foreign, then report the 

payment on a Form 1042-S.

Conversely, if you must presume that the payee is a 

foreign recipient and prior to filing Form 1042-S with the 

IRS you discover that the payee is a U.S. nonexempt 

recipient based on documentation, then report all 

payments made to that payee during the calendar year on 

a Form 1099.

If you use the 90-day grace period rule to presume a 

payee is foreign, you must file a Form 1042-S to report all 

payments subject to withholding during the grace period. 

If, after the grace period expires, you discover that the 

payee is a U.S. nonexempt recipient subject to backup 

withholding, you must file a Form 1099 for all payments 

made to that payee after the expiration of the grace 

period.

Rules for Payments Made to U.S. Nonexempt 

Recipients Through a QI, NQI, or FTE

If you are the payer making a payment through a QI, NQI, 

or FTE for a U.S. nonexempt recipient on whose behalf the 

QI, NQI, or FTE is acting, use the following rules to 

complete Form 1099.

Known recipient. If you know that a payee is a U.S. 

nonexempt recipient and have the payee's name, address, 

and TIN (if a TIN has been provided), you must complete 

the Form 1099 with that information unless you are not 

required to report the payment under Regulations section 

1.6049-4(c)(4) (applicable only to certain payments to 

TIP

22 Gen. Instr. for Certain Info. Returns (2024)
specified FFIs). Also, on the second name line below the 

recipient's name, enter “IMY” followed by the name of the 

QI, NQI, or FTE.

For payments made to multiple recipients (a) enter the 

name of the recipient whose status you relied on to 

determine the applicable rate of withholding; and (b) on 

the second name line, enter “IMY” followed by the name of 

the QI, NQI, or FTE. However, if the QI has assumed 

primary Form 1099 reporting or backup withholding 

responsibility, you are not required to issue the Form 1099 

or to backup withhold. See Qualified intermediary (QI), 

earlier.

Unknown recipient. If you cannot reliably associate a 

payment with valid documentation and are required to 

presume a payee is a U.S. nonexempt recipient, do the 

following.

1. File a Form 1099 and enter “unknown recipient” on 

the first name line.

2. On the second name line, enter “IMY” followed by 

the name of the NQI or FTE.

3. Enter the EIN of the NQI or FTE, if applicable, in the 

recipient's TIN box.

4. Furnish a copy of the Form 1099 with “unknown 

recipient” to the NQI or FTE who is acting on the 

recipient's behalf.

A payer that is required to report payments made 

to a U.S. nonexempt recipient account holder but 

does not receive the necessary allocation 

information cannot report those payments on a pro rata 

basis. Report unallocated payments using the 

presumption rules described above.

Rules for Non-U.S. Payers

Non-U.S. payers (foreign persons that are not U.S. payers) 

generally have the same reporting obligations as U.S. 

payers. A U.S. payer is anyone who is:

• A U.S. person;

• Any U.S. governmental agency;

• A controlled foreign corporation (CFC);

• A foreign partnership that has one or more U.S. 

partners who, in the aggregate, hold more than 50% of the 

gross income derived from the conduct of a U.S. trade or 

business;

• A foreign person who owns 50% or more of the gross 

income that is effectively connected with a U.S. trade or 

business; or

• A U.S. branch or territory financial institution described 

in Regulations section 1.1441-1(b)(2)(iv) that is treated as 

a U.S. person.

For more information, see Regulations section 

1.6049-5(c)(5).

Exceptions. The following payments are not subject to 

reporting by a non-U.S. payer.

1. A foreign source payment paid and received outside 

the United States. For example, see Regulations section 

1.6049-4(f)(16).

2. Gross proceeds from a sale effected outside the 

United States. See Regulations section 1.6045-1(a).

CAUTION

!

3. An NQI or QI that provides another payer all the 

information sufficient for that payer to complete Form 1099 

reporting. For example, see Regulations section 

1.6049-5(b)(14). However, if an NQI or QI does not 

provide sufficient information for another payer to report a 

payment on Form 1099, the intermediary must report the 

payment.

4. A payment made by certain FFIs for which an 

exception to reporting applies under Regulations section 

1.6049-4(c)(4).

Rules for Reporting Payments Initially Reported 

on Form 1042-S

If an NQI or QI receives a Form 1042-S made out to an 

“unknown recipient” and the NQI or QI has actual 

knowledge that the payee of the income is a U.S. 

nonexempt recipient, it must file a Form 1099 even if the 

payment has been subject to withholding by another 

payer. The NQI or QI reports the amount withheld by the 

other payer on Form 1099 as federal income tax withheld.

T. How To Get Tax Help

Information Reporting Program Customer 

Service Section

For answers to your questions about reporting on Forms 

1096, 1097, 1098, 1099, 3921, 3922, 5498, W-2, W-2G, 

and W-3, call the Technical Services Operation (TSO) toll 

free at 866-455-7438 or 304-263-8700 (not toll free). Deaf 

or hard of hearing customers may call any of our toll-free 

numbers using their choice of relay service.

Other tax-related matters. For other tax information 

related to business returns or accounts, call 

800-829-4933.

Deaf or hard of hearing customers may call any of our 

toll-free numbers using their choice of relay service.

Internal Revenue Bulletin (IRB)

The IRB, published weekly, contains newly issued 

regulations, notices, announcements, legislation, court 

decisions, and other items of general interest. You may 

find this publication useful to keep you up to date with 

current developments. See How To Get Forms, 

Publications, and Other Assistance, later.

The Taxpayer Advocate Service (TAS) Is Here To 

Help You

What Is TAS?

TAS is an independent organization within the IRS that 

helps taxpayers and protects taxpayer rights. Their job is 

to ensure that every taxpayer is treated fairly and that you 

know and understand your rights under the Taxpayer Bill 

of Rights.

How Can You Learn About Your Taxpayer Rights?

The Taxpayer Bill of Rights describes 10 basic rights that 

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
these rights mean to you and how they apply. These are 

your rights. Know them. Use them.

What Can TAS Do for You?

TAS can help you resolve problems that you can't resolve 

with the IRS. And their service is free. If you qualify for 

their assistance, you will be assigned to one advocate 

who will work with you throughout the process and will do 

everything possible to resolve your issue. TAS can help 

you if:

• Your problem is causing financial difficulties for you, 

your family, or your business;

• You face (or your business is facing) an immediate 

threat of adverse action; or

• You've tried repeatedly to contact the IRS but no one 

has responded, or the IRS hasn't responded by the date 

promised.

How Can You Reach TAS?

TAS has offices in every state, the District of Columbia, 

and Puerto Rico. Your local advocate's number is in your 

local directory and at TaxpayerAdvocate.IRS.gov/ContactUs. You can also call them at 877-777-4778.

How Else Does TAS Help Taxpayers?

TAS works to resolve large-scale problems that affect 

many taxpayers. If you know of one of these broad issues, 

report it to them at IRS.gov/SAMS. Be sure to not include 

any personal taxpayer information.

TAS for Tax Professionals

TAS can provide a variety of information for tax 

professionals, including tax law updates and guidance, 

TAS programs, and ways to let TAS know about systemic 

problems you've seen in your practice.

How To Get Forms, Publications, and Other 

Assistance

Getting tax forms, instructions, and publications. Go 

to IRS.gov/Forms to download current and prior-year 

forms, instructions, and publications.

Go to IRS.gov/OrderForms to order current forms, 

instructions, and publications; call 800-829-3676 to order 

prior-year forms and instructions. The IRS will process 

your order for forms and publications as soon as possible. 

Don’t resubmit requests you’ve already sent us. You can 

get some forms and publications faster online.

Because the IRS processes paper forms by 

machine (optical character recognition 

equipment), you cannot file Form 1096 or Copy A 

of Forms 1097, 1098, 1099, 3921, 3922, or 5498 that you 

print from the IRS website. However, you can use Copy B 

from those sources to provide recipient statements.

Exception. Forms 1097-BTC, 1098-C, 1098-MA, 

1099-CAP, 1099-H, 1099-LTC, 1099-Q, 1099-QA, 

1099-SA, 3922, 5498-ESA, 5498-QA, and 5498-SA can 

CAUTION

!

be filled out online and Copy A can be printed and filed 

with the IRS using Form 1096.

Mail. You can send your order for forms, 

instructions, and publications to the address 

below. You should receive a response within 10 

business days after your request is received.

Internal Revenue Service

1201 N. Mitsubishi Motorway

Bloomington, IL 61705-6613

Online. Go to IRS.gov 24 hours a day, 7 days a 

week to do the following.

• Access commercial tax preparation and e-file services.

• Research your tax questions online.

• Search publications online by topic or keyword.

• Use the online Internal Revenue Code, regulations, or 

other official guidance.

• View IRBs published in the last few years.

• Sign up to receive local and national tax news by email.

Comments and Suggestions

We welcome your comments about this publication and 

your suggestions for future editions.

You can send your comments through IRS.gov/

FormComments.

Or you can write to the Internal Revenue Service, Tax 

Forms and Publications, 1111 Constitution Ave. NW, 

IR-6526, Washington, DC 20224.

Although we can’t respond individually to each 

comment received, we do appreciate your feedback and 

will consider your comments and suggestions as we 

revise our tax forms, instructions, and publications. Don’t 

send tax questions, tax returns, or payments to the above 

address.

Privacy Act and Paperwork Reduction 

Act Notice

We ask for the information on these forms to carry out the 

Internal Revenue laws of the United States. You are 

required to give us the information. We need it to figure 

and collect the right amount of tax.

Sections 170(f)(12), 199, 220(h), 223, 408, 408A, 529, 

529A, 530, 853A, 6039, 6041, 6041A, 6042, 6043, 6044, 

6045, 6047, 6049, 6050A, 6050B, 6050D, 6050E, 6050H, 

6050J, 6050N, 6050P, 6050Q, 6050R, 6050S, 6050T, 

6050U, 6050W, 6050X, 6050Y, and their regulations 

require you to file an information return with the IRS and 

furnish a statement to recipients. Section 6109 and its 

regulations require you to provide your TIN on what you 

file.

Routine uses of this information include giving it to the 

Department of Justice for civil and criminal litigation, and 

to cities, states, the District of Columbia, and U.S. 

commonwealths and territories for use in administering 

their tax laws. We may also disclose this information to 

other countries under a tax treaty, to federal and state 

24 Gen. Instr. for Certain Info. Returns (2024)
agencies to enforce federal nontax criminal laws, or to 

federal law enforcement and intelligence agencies to 

combat terrorism. If you fail to provide this information in a 

timely manner, or provide false or fraudulent information, 

you may be subject to penalties.

You are not required to provide the information 

requested on a form that is subject to the Paperwork 

Reduction Act unless the form displays a valid OMB 

control number. Books or records relating to a form or its 

instructions must be retained as long as their contents 

may become material in the administration of any Internal 

Revenue law. Generally, tax returns and return information 

are confidential, as required by section 6103. The time 

needed to complete and file the following forms will vary 

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. 

Burden estimates are based upon current statutory 

requirements as of October 2023. Estimates of burden do 

not reflect any future legislative changes that may affect 

the 2024 tax year. Any changes to burden estimates will 

be included in the IRS’s annual Paperwork Reduction Act 

submission to the Office of Management and Budget 

(OMB) and will be made publicly available on RegInfo.gov. 

If you have comments concerning the accuracy of these 

time estimates, we would be happy to hear from you. You 

can send your comments from IRS.gov/FormComments. 

Or you can write to the Internal Revenue Service, Tax 

Forms and Publications, 1111 Constitution Ave. NW, 

IR-6526, Washington, DC 20224. Do not send these 

forms to this address. Instead, see part D.

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

Form Title What To Report Amounts To Report To IRS

To Recipient

(unless 

indicated 

otherwise)

1042-S Foreign Person's U.S. 

Source Income 

Subject to Withholding

Income such as interest, dividends, royalties, pensions and annuities, 

etc., and amounts withheld under chapter 3. Also, distributions of 

effectively connected income by publicly traded partnerships or 

nominees.

See form instructions March 15 March 15

1097-BTC Bond Tax Credit Tax credit bond credits to bondholders. 

All amounts February 28*

On or before the 

15th day of the 

2nd calendar 

month after the 

close of the 

calendar month in 

which the credit is 

allowed

1098 Mortgage Interest 

Statement

Mortgage interest (including points) and certain mortgage insurance 

premiums you received in the course of your trade or business from 

individuals and reimbursements of overpaid interest.

$600 or more February 28*

(To Payer/

Borrower)

 January 31

1098-C Contributions of Motor 

Vehicles, Boats, and 

Airplanes

Information regarding a donated motor vehicle, boat, or airplane.

Gross proceeds of 

more than $500 February 28*

(To Donor)

30 days from date 

of sale or 

contribution

1098-E Student Loan Interest 

Statement

Student loan interest received in the course of your trade or business. $600 or more February 28* January 31

1098-F Fines, Penalties, and 

Other Amounts

Statement furnished by a government or governmental entity regarding 

payments required by a court order or agreement with respect to a 

violation or potential violation of law.

$50,000 or more N/A N/A

1098-MA Mortgage Assistance 

Payments

Assistance payments paid to homeowners from 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.

All amounts February 28 January 31

1098-Q Qualifying Longevity 

Annuity Contract 

Information

Status of a contract that is intended to be a qualifying longevity annuity 

contract (QLAC), defined in section A-17 of Regulations section 1.401(a)

(9)-6, that is purchased or held under any plan, annuity, or account 

described in section 401(a), 403(a), 403(b), or 408 (other than a Roth 

IRA) or eligible governmental plan under section 457(b).

All amounts February 28 January 31

1098-T Tuition Statement Qualified tuition and related expenses, reimbursements or refunds, and 

scholarships or grants (optional). See instructions February 28* January 31

1099-A Acquisition or 

Abandonment of 

Secured Property

Information about the acquisition or abandonment of property that is 

security for a debt for which you are the lender. All amounts February 28* (To Borrower) 

January 31

1099-B Proceeds From 

Broker and Barter 

Exchange 

Transactions

Sales or redemptions of securities, futures transactions, commodities, 

and barter exchange transactions (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)).

All amounts February 28* February 15**

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 

U.S. Postal Service, the Postal Rate Commission, or any organization 

having a significant trade or business of lending money.

$600 or more February 28* January 31

1099-CAP Changes in Corporate 

Control and Capital 

Structure

Information about cash, stock, or other property from an acquisition of 

control or the substantial change in capital structure of a corporation.

Over $1,000 February 28*

(To Shareholders) 

January 31, (To 

Clearing 

Organization) 

January 5

1099-DIV Dividends and 

Distributions

Distributions, such as dividends, capital gain distributions, or nontaxable 

distributions, that were paid on stock and liquidation distributions 

(including distributions 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)).

$10 or more, except 

$600 or more for 

liquidations

February 28* January 31**

1099-G Certain Government 

Payments

Unemployment compensation, state and local income tax refunds, 

agricultural payments, and taxable grants.

$10 or more for refunds 

and unemployment February 28* January 31

* 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)
Guide to Information Returns (continued)

Due Date

Form Title What To Report Amounts To Report To IRS

To Recipient

(unless indicated 

otherwise)

1099-H Health Coverage Tax 

Credit (HCTC) 

Advance Payments 

Health insurance premiums paid on behalf of certain individuals.

All amounts February 28* January 31

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 

subject to an election under section 1278(b). Tax-exempt interest and 

U.S. Savings Bonds and Treasury obligations interest are also reported 

on this form.

$10 or more ($600 or 

more in some cases) February 28* January 31**

1099-K Payment Card and 

Third Party Network 

Transactions

Payment card transactions. All amounts

February 28* January 31

Third party network transactions. more than $600 

1099-LS Reportable Life 

Insurance Sale

Payments made to a payment recipient in a reportable policy sale.

All amounts*** February 28*

(To Reportable 

Policy Sale Payment 

Recipient) February 

15, (To issuer) 

January 15 or earlier 

as required by 

Regulations section 

1.6050Y-2(d)(2)(i)

(A)

1099-LTC

Long-Term Care and 

Accelerated Death 

Benefits

Payments under a long-term care insurance contract and accelerated 

death benefits paid under a life insurance contract or by a viatical 

settlement provider.

All amounts February 28* January 31

1099-MISC Miscellaneous 

Information 

Rent or royalty payments; prizes and awards that are not for services, 

such as winnings on TV or radio shows (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)).

$600 or more, except 

$10 or more for royalties

 February 28*

January 31**

Payments to crew members by owners or operators of fishing boats 

including payments of proceeds from sale of catch. All amounts

Section 409A income from nonqualified deferred compensation plans 

(NQDCs). All amounts

Payments to a physician, physicians' corporation, or other supplier of 

health and medical services. Issued mainly by medical assistance 

programs or health and accident insurance plans.

$600 or more

Fish purchases paid in cash for resale. $600 or more

Crop insurance proceeds. $600 or more

Substitute dividends and tax-exempt interest payments reportable by 

brokers. $10 or more February 15**

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 

reach the applicable reporting threshold for any applicable Form 1099) 

reported pursuant to an election described in Regulations section 

1.1471-4(d)(5)(i)(A).

All amounts

(including $0) January 31**

Aggregated direct sales of consumer goods for resale. $5,000 or more

1099-NEC Nonemployee 

Compensation

Payments for services performed for a trade or business by people not 

treated as its employees (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)). 

Examples: fees to subcontractors or directors and golden parachute 

payments.

$600 or more

January 31 January 31

Aggregated direct sales of consumer goods for resale. $5,000 or more

1099-OID Original Issue 

Discount

Original issue discount (including amounts 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 subject to an election under section 1278(b). OID on 

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.

$10 or more February 28* January 31**

* 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
Guide to Information Returns (continued)

Due Date

Form Title What To Report Amounts To 

Report To IRS

To Recipient

(unless indicated 

otherwise)

1099-PATR Taxable Distributions 

Received From 

Cooperatives

Distributions from cooperatives passed through to their patrons 

including any domestic production activities deduction and certain 

pass-through credits.

$10 or more February 28* January 31

1099-Q Payments From 

Qualified Education 

Programs (Under 

Sections 529 and 

530)

Earnings from qualified tuition programs and Coverdell ESAs.

All amounts February 28* January 31

1099-QA Distributions From 

ABLE Accounts

Distributions from ABLE accounts. All amounts February 28 January 31

1099-R Distributions From 

Pensions, Annuities, 

Retirement or 

Profit-Sharing Plans, 

IRAs, Insurance 

Contracts, etc.

Distributions from retirement or profit-sharing plans, any IRA, 

insurance contracts, and IRA recharacterizations (including payments 

reported pursuant to an election described in Regulations section 

1.1471-4(d)(5)(i)(B) or reported as described in Regulations section 

1.1471-4(d)(2)(iii)(A)).

$10 or more February 28* January 31

1099-S Proceeds From Real 

Estate Transactions

Gross proceeds from the sale or exchange of real estate and certain 

royalty payments.

Generally, $600 or 

more

February 28* February 15

1099-SA Distributions From an 

HSA, Archer MSA, or 

Medicare Advantage 

MSA

Distributions from an HSA, Archer MSA, or Medicare Advantage MSA.

All amounts February 28* January 31

1099-SB Seller’s Investment in 

Life Insurance 

Contract

Seller’s investment in a life insurance contract as determined by the 

issuer. All amounts

February 28* (except 

as provided in 

Regulations section 

1.6050Y-3(c))

February 15 (except 

as provided in 

Regulations section 

1.6050Y-3(d)(2))

3921 Exercise of an 

Incentive Stock 

Option Under Section 

422(b)

Transfer of stock pursuant to the exercise of an incentive stock option 

under section 422(b). All amounts February 28* January 31

3922 Transfer of Stock 

Acquired Through an 

Employee Stock 

Purchase Plan Under 

Section 423(c)

Transfer of stock acquired through an employee stock purchase plan 

under section 423(c).

All amounts February 28* January 31

5498 IRA Contribution 

Information

Contributions (including rollover contributions) to any individual 

retirement arrangement (IRA), including a SEP, SIMPLE, and Roth 

IRA; Roth conversions; IRA recharacterizations; and the fair market 

value (FMV) of the account (including information on hard-to-value 

assets).

All amounts May 31

(To Participant)

 For FMV/RMD/

SIMPLE IRA 

contributions,

 January 31;

 For all other 

contributions, May 31

5498-ESA Coverdell ESA 

Contribution 

Information

Contributions (including rollover contributions) to a Coverdell ESA.

All amounts May 31 April 30

5498-QA ABLE Account 

Contributions 

Information

Contributions (including rollover contributions) to an ABLE account.

All amounts May 31 March 15

5498-SA HSA, Archer MSA, or 

Medicare Advantage 

MSA Information

Contributions to an HSA (including transfers and rollovers) or Archer 

MSA and the FMV of an HSA, Archer MSA, or Medicare Advantage 

MSA.

All amounts May 31 (To Participant)

 May 31

W-2G Certain Gambling 

Winnings

Gambling winnings from horse racing, dog racing, jai alai, lotteries, 

keno, bingo, slot machines, sweepstakes, wagering pools, poker 

tournaments, etc.

Generally, $600 or 

more; $1,200 or 

more from bingo or 

slot machines; 

$1,500 or more 

from keno

February 28* January 31

* The due date is March 31 if filed electronically. 

28 Gen. Instr. for Certain Info. Returns (2024)
Types of Payments

Below is an alphabetic list of some payments and the 

forms to file and report them on. However, it is not a 

complete list of all payments, and the absence of a 

payment from the list does not indicate that the payment is 

not reportable. For instructions on a specific type of 

payment, see the separate instructions in the form(s) 

listed.

Type of Payment Report on Form

ABLE accounts:

 —Contributions ...................... 5498-QA

 —Distributions ....................... 1099-QA

Abandonment ....................... 1099-A

Accelerated death benefits ................. 1099-LTC

Acquisition of control .................... 1099-CAP

Agriculture payments .................... 1099-G

Allocated tips ........................ W-2

Alternate TAA payments .................. 1099-G

Annuities .......................... 1099-R

Archer MSAs:

 —Contributions ...................... 5498-SA

 —Distributions ....................... 1099-SA

Attorney, fees and gross proceeds ............. 1099-MISC

Auto reimbursements—employee ............. W-2

Auto reimbursements—nonemployee ........... 1099-NEC

Awards—employee ..................... W-2

Awards—nonemployee ................... 1099-NEC

Barter exchange income .................. 1099-B

Bond tax credit ....................... 1097-BTC

Bonuses—employee .................... W-2

Bonuses—nonemployee .................. 1099-NEC

Broker transactions ..................... 1099-B

Cancellation of debt .................... 1099-C

Capital gain distributions .................. 1099-DIV

Car expense—employee .................. W-2

Car expense—nonemployee ................ 1099-NEC

Changes in capital structure ................ 1099-CAP

Charitable gift annuities ................... 1099-R

Commissions—employee ................. W-2

Commissions—nonemployee ............... 1099-NEC

Commodities transactions ................. 1099-B

Compensation—employee ................. W-2

Compensation—nonemployee ............... 1099-NEC

Contributions of motor vehicles, boats, and airplanes .... 1098-C

Cost of current life insurance protection ........... 1099-R

Coverdell ESA contributions ................ 5498-ESA

Coverdell ESA distributions ................. 1099-Q

Crop insurance proceeds .................. 1099-MISC

Damages .......................... 1099-MISC

Death benefits ....................... 1099-R

Debt cancellation ...................... 1099-C

Dependent care payments ................. W-2

Direct rollovers ....................... 1099-Q, 1099-R, 

5498

Direct sales of consumer products for resale ........ 1099-MISC, 

1099-NEC

Directors' fees ....................... 1099-MISC

Discharge of indebtedness ................. 1099-C

Dividends .......................... 1099-DIV

Donation of motor vehicle .................. 1098-C

Education loan interest ................... 1098-E

Employee business expense reimbursement ........ W-2

Employee compensation .................. W-2

Excess deferrals, excess contributions-distributions .... 1099-R

Exercise of incentive stock option under section 422(b) . . 3921

Fees—employee ...................... W-2

Fees—nonemployee .................... 1099-NEC

Fishing boat crew members proceeds ........... 1099-MISC

Fish purchases for cash .................. 1099-MISC

Foreclosures ........................ 1099-A

Type of Payment Report on Form

Foreign persons' income .................. 1042-S

401(k) contributions .................... W-2

404(k) dividend ....................... 1099-DIV

Gambling winnings ..................... W-2G

Golden parachute—employee ............... W-2

Golden parachute—nonemployee ............. 1099-NEC

Grants—taxable ...................... 1099-G

Health care services .................... 1099-MISC

Health coverage tax credit (HCTC) advance .payments ... 1099-H

Health savings accounts:

—Contributions ....................... 5498-SA

—Distributions ....................... 1099-SA

Income attributable to domestic production activities, deduction 

for ............................ 1099-PATR

Income tax refunds—state and local ............ 1099-G

Indian gaming profits paid to tribal members ........ 1099-MISC

Interest income ....................... 1099-INT

Tax-exempt ......................... 1099-INT

Interest, mortgage ..................... 1098

IRA contributions ...................... 5498

IRA distributions ...................... 1099-R

Life insurance contract distributions ............ 1099-R, 1099-LTC

Liquidation—distributions ................. 1099-DIV

Loans, distribution from pension plan ............ 1099-R

Long-term care benefits .................. 1099-LTC

Medicare Advantage MSAs:

 —Contributions ...................... 5498-SA

 —Distributions ....................... 1099-SA

Medical services ...................... 1099-MISC

Mileage—employee .................... W-2

Mileage—nonemployee .................. 1099-NEC

Military retirement ..................... 1099-R

Mortgage assistance payments ............... 1098-MA

Mortgage interest ...................... 1098

Moving expense ...................... W-2

Nonemployee compensation ................ 1099-NEC

Nonqualified deferred compensation:

 —Beneficiary ....................... 1099-R

 —Employee ........................ W-2

Nonemployee ........................ 1099-NEC

Original issue discount (OID) ................ 1099-OID

Tax-exempt OID ...................... 1099-OID

Patronage dividends .................... 1099-PATR

Payment card transactions ................. 1099-K

Pensions .......................... 1099-R

Points ............................ 1098

Prizes—employee ..................... W-2

Prizes—nonemployee ................... 1099-NEC

Profit-sharing plan ..................... 1099-R

Punitive damages ..................... 1099-MISC

Qualified longevity annuity contract ............. 1098-Q

Qualified plan distributions ................. 1099-R

Qualified tuition program payments ............. 1099-Q

Real estate transactions .................. 1099-S

Recharacterized IRA contributions ............. 1099-R, 5498

Refund—state and local tax ................ 1099-G

Rents ............................ 1099-MISC

Reportable policy sale ................... 1099-LS

Retirement ......................... 1099-R

Roth conversion IRA contributions ............. 5498

Roth conversion IRA distributions .............. 1099-R

Roth IRA contributions ................... 5498

Roth IRA distributions ................... 1099-R

Royalties .......................... 1099-MISC, 1099-S

Timber—pay-as-cut contract ................ 1099-S

Sales:

 —Real estate ....................... 1099-S

 —Securities ........................ 1099-B

Section 1035 exchange ................... 1099-R

Seller’s investment in life insurance contract ........ 1099-SB

SEP contributions ..................... W-2, 5498

SEP distributions ...................... 1099-R

Severance pay ....................... W-2

Sick pay .......................... W-2

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

A

Account number box 14

B

Backup withholding 2, 18, 19

C

Corporations, payments to 21

Corrected returns, how to file 10

D

Due dates 6, 8, 16

E

Electronic reporting 8

Extension to file 6

Extension to furnish statements 18

F

FATCA filing requirements 4, 13, 14

Filing returns 7

FIRE System 8

Foreign intermediaries, payments 

made through 21

Foreign person, payment to 4

Form 1096 2, 7

Form 945 19

Form W-9 14

Forms, how to get 24

G

Grantor trusts 21

Guide to Information Returns 26

H

Help 23

I

Information returns, other 6

K

Keeping copies 8

L

Limited liability company (LLC) 13, 14

Logos or substitute statements 15, 

16

M

Mailing forms 8

N

Names, TINs, etc. 13

Nominee/middleman 2

O

Ordering forms 24

P

Paper document reporting 9

Partnerships, payments to 21

Payee statements 2, 15, 16

Payments made through foreign 

intermediaries 22

Penalties 9, 19

Private delivery services 6

Q

Qualified settlement funds 3

S

State and local tax departments 7

Statement mailing requirements 15, 

16

Statements to recipients 2, 15, 16

Substitute forms 2, 9, 15, 16

Successor/predecessor reporting 2

T

Taxpayer Advocate 23

Taxpayer identification number 

(TIN) 13, 18

Telephone numbers on 

statements 15

TIN Matching 2

Transmitters, paying agents, etc. 7

V

Void returns 11

W

When to file 6, 8

When to furnish statements 16

Where to file 7

Who must file 2, 8

Widely held fixed investment trusts 4

Withholding, backup 2, 18, 19

31