1099 Forms Guide & Resources
Everything you need to know about filing 1099s, W-2s, and other tax forms for your business
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File Form 1099-S Online – Real Estate Transactions Simplified
Form 1099-S is used to report proceeds from real estate transactions, including sales or exchanges of land, buildings, and certain ownership interests.
Our system ensures accurate and IRS-compliant 1099-S filing for real estate professionals.
What is a 1099-S Form?
Form 1099-S reports gross proceeds from real estate sales or exchanges
Who Must File a 1099-S Form?
You must file if you are:
A real estate broker, title company, or closing agent
Responsible for reporting proceeds from sales of propert
Information Needed to Complete a 1099-S
- Transferor (seller) details: name, SSN, address
- Gross proceeds of the transaction
- Property address
- Closing date
How to eFile 1099-S Online Easily
- Collect seller and property information
- Enter sale proceeds and dates
- Validate data for IRS compliance
- Submit directly to IRS
- Provide seller copies electronically or by mail
IRS 1099-S Deadlines & Filing Penalties
Recipient copies: January 31
IRS paper filing: February 28
IRS eFile: March 31
Late or incorrect filings may result in $50–$290 penalties per form
Frequently Asked Questions
What is Form 1099-S used for? To report proceeds from sales or exchanges of real estate.
Who files Form 1099-S? Brokers, title companies, or closing agents.
Do all real estate transactions require a 1099-S? Yes, unless an exemption applies.
Can I file multiple 1099-S forms at once? Yes, our platform supports bulk uploads.
What happens if I miss the filing deadline? IRS penalties apply per late or incorrect form.
Start Filing Your 1099-S Forms Online Today
Ensure compliance with real estate transaction reporting. Start filing 1099-S forms today.