If a Settlement Statement, HUD-1, is used, and a person is listed as the settlement agent, this agent must file the Form 1099S for the sale or exchange of real estate.
If a HUD-1 is not used, or a person is not listed, the person responsible for closing the transaction must file the Form 1099S for the sale or exchange of real estate.
If neither of the above criteria are met, view the IRS order of responsibility on www.irs.gov
1099-S Deadline and Important dates
With Tax1099.com, you can schedule the date that your forms are transmitted to the IRS. Scheduling your forms gives you time between when we email/USPS your forms to vendors, and when we send the forms to the IRS. This is useful because your vendors may have edits to make. You can make those changes in Tax1099 before the scheduled date at no extra charge. We automatically schedule your IRS eFile transmission at a week away from when you submit, or by the deadline. You can edit this date to match your preference.
Feb 15, 2020
March 31, 2020
IRS Paper Filing
Feb 28, 2020
1099-S eFile info
Electronically-filed 1099S forms are directly transmitted to the IRS from Tax1099.
You will receive IRS acknowledgement of your eFile by email within 3 - 7 business days.