Forms! Forms! Forms!
As of 2022, several versions of Form 1099 are used, depending on the nature of the income transaction:
1099-B: Proceeds from Broker and Barter Exchange Transactions, 1099-DIV: Dividends and Distributions, 1099-G: Government Payments, 1099-H: Health Insurance Advance Payments, 1099-INT: Interest Income, 1099-MISC: Miscellaneous Income, 1099-MEC: Non-employee compensation, 1042-S: Foreign Person’s U.S. Source Income.
Process ALL IRS Forms Quickly and Easily!
Professional Automation Services, Inc. can not only solve this puzzle, but we do it efficiently, ON TIME, and we’ve been doing it for 36 years! The IRS is not concerned about how complicated this is. They require you to submit every required form on time. As you know, if you don’t, you pay the penalty. PAS can help!
1099 Misc, 1099-NEC, 1099 Div, 1099 Int (the majority of forms that companies encouter regularly)
W-2G
Printing / Mailing
Electronic Retrieval
You are required to file more forms now than at any other time in history. How do you keep track and how do you know which ones are your repsonsiblity?
1099-B: Proceeds from Broker and Barter Exchange Transactions, 1099-DIV: Dividends and Distributions, 1099-G: Government Payments, 1099-H: Health Insurance Advance Payments, 1099-INT: Interest Income, 1099-MISC: Miscellaneous Income, 1099-MEC: Non-employee compensation, 1042-S: Foreign Person’s U.S. Source Income.
1099-A: Acquisition or Abandonment of Secured Property, 1099-B: Proceeds from Broker and Barter Exchange Transactions, 1099-C: Cancellation of Debt, 1099-CAP: Changes in Corporate Control and Capital Structure, 1099-DIV: Dividends and Distributions, 1099-G: Government Payments, 1099-H: Health Insurance Advance Payments, 1099-INT: Interest Income, 1099-K: Merchant Card and Third Party Network Payments, 1099-LTC: Long-Term Care Benefits, 1099-MISC: Miscellaneous Income, 1099-OID: Original Issue Discount, 1099-PATR: Taxable Distributions Received From Cooperatives, 1099-Q: Payment from Qualified Education Programs, 1099-R: Distributions from Pensions, Annuities, Retirement Plans, IRAs, or Insurance Contracts, 1099-S: Proceeds from Real Estate Transactions, 1099-SA: Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, 1042-S: Foreign Person’s U.S. Source Income, SSA-1099: Social Security Benefit Statement, SSA-1042S: Social Security Benefit Statement to Nonresident Aliens, RRB-1099: Payments by the Railroad Retirement Board, RRB-1099R: Pension and Annuity Income by the Railroad Retirement Board, RRB-1042S: Payments by the Railroad Retirement Board to Nonresident Aliens, 5498 Series[edit], Form 5498: IRA Contribution Information, Form 5498-ESA: Coverdell ESA Contribution Information, Form 5498-SA: HSA, Archer MSA, or Medicare Advantage MSA Information.
The Form W-2, Wage and Tax Statement, is used to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship. An employer must mail out the Form W-2 to employees on or before January 31. If corrections are made, it can be done on a W-2c.
The Form W-3 is a summary page of all W-2 forms issued by the employer. It is only used on paper filing of W-2 information. Like the W-2, the W-3c allows for corrections.
And on, and on, and on, and then there’s the Affordable Care Act! PAS is your expert at solving this complicated forms puzzle!
Process ALL IRS Forms Quickly and Easily!
Professional Automation Services, Inc. can not only solve this puzzle, but we do it efficiently, ON TIME, and we’ve been doing it for 36 years! The IRS is not concerned about how complicated this is. They require you to submit every required form on time. As you know, if you don’t, you pay the penalty. PAS can help!
- 1099 Misc, 1099 Div, 1099 Int
- 3921
- W-2G
- Printing / Mailing
- Electronic Retrieval
