Purpose of Form 1099

TaxTC offers a secure and accurate way to file Form 1099 electronically.

Form 1099 is used to report certain kinds of income to the IRS. There are a variety of 1099s you might receive:

Form 1099A, Acquisition or Abandonment of Secured Property

Form 1099B,Proceeds From Broker and Barter Exchange Transaction Form

1099C, Cancellation of Debt

Form 1099CAP, Changes in Corporate Control and Capital Structure

Form 1099DIV, Dividends and Distributions

Form 1099G, Certain Government Payments

Form 1099H, Health Coverage Tax Credit (HCTC) Advance Payments

Form 1099INT, Interest Income

Form 1099K, Payment Card and Third Party Network Transactions

Form 1099LS, Reportable Life Insurance Sale

Form 1099LTC, LongTerm Care and Accelerated Death BenefitsForm 1099MISC, Miscellaneous Income

Form 1099OID, Original Issue Discount

Form 1099PATR, Taxable Distributions Received From Cooperatives

Form 1099Q, Payments from Qualified Education Programs (Under Sections 529 & 530)

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

Form 1099S, Proceeds From Real Estate Transactions

Form 1099SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA

Form1099SB, Seller’s Investmentin Life Insurance Contract

Note: A valid TTC (Transmitter Control Code) is required to use TaxTC’s products.  TaxTC does not provide TTC. For information on how to obtain your TTC, visit the FAQ’s page on the IRS website.

Plans & Pricing

As a TaxTC ERO member, you can buy the Form 1099 and any needed schedules at the best prices. The TaxTC ERO membership plan you purchase determines your buy rates. For more information, visit our TaxTC ERO Membership Club  page.

Buy rates are wholesale prices for the Form 1099 and any needed schedules. You determine the retail prices for your customers, and the difference is your commission.

The Basic Process

Uploading Tax Documents

Your client uploads tax documents that you have requested to your own file manager.

Preparing Tax Returns

You automatically merge information from your client’s uploaded document into their tax return.

Agreed to and Accepted

You invoice your client when you deliver the finished tax return for e-signature.

Securely e-file with IRS

Your client pays you by using a variety of payment options.

No commitment required. Cancel anytime.

Simply look through our  ERO Membership Club plans and decide which one best meets your firm’s needs. If you need more help making the decision, give us a call! We are happy to help you decide which plan is right for you and get started today.

From day one, TaxTC has really been a partner to us. We feel protected by them and we are also very supported. TaxTC made it easy for us to convert our brick-and-mortar tax firm to a virtual tax firm for individuals and businesses across the United States.

Nia & Peter Bowman

Become a Member Today!

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